Registration fee paid to SEBI are intangible assets

 

 

Pre-operative expenses and registration fee paid to SEBI are allowable as intangible asset and assessee can claim depreciation on the same--

read further 

CA/CS/CWA Tax mohalla at 

https://taxbykk.blogspot.com/

Replies (1)

Contrary to definition of Asset. Should be allowed as an expense.

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