We are obtaining ISIN for dematerialisation of shares.whether initial and Annual member fees payable to NSDL be capitalized or charged to revenue
Menu
NSDL DEMAT- Annual Custody Fees
Replies (1)
The CBDT has ruled that expenses related to dematerialization, including NSDL charges, qualify as allowable business expenditure under Section 37(1) of the Income Tax Act. These costs are considered necessary for efficient business operations rather than creating any capital asset.
Recent Topics :
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
Related Topics :
CAclubindia
