Registration fee paid to SEBI are intangible assets

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

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On 05 July 2011 at 17:04 Report
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Chartered Accountant
4469 Points Posted on 05 July 2011

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

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On 05 July 2011 at 18:14

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