What Should be the treatment of Reinstatement fees(Relisting Fees ) paid to stock exchange in hands of Purchasing company. It is a type of Penalty .
It is to be write off in same year or to be tagged as deffered expencess or to be capatalised and further write off againist goodwill as it is paid by Purch. Company????????
Regards
Madhusudan Kabra
Plz reply fast.................
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