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RIICO Membership

Others 259 views 1 replies
Dear Sir,

My company took the membership of RIICO Association at Rs 11,000 and on renewal of every year.

It gives us a stage where we can speak about our issues due to Natural problems.
Electricity, Water, Fear of Local peoples in Industrial Area and others.

Is it an intangible Asset, Donation or Charity, Professional expenses, any Subscripttion fees.

can anyone let me know and help in this regard.
I am unable to find the exact address to keep the entry in books.


Thank you,
Arun
Replies (1)
It will be treated as Membership fees ( Member of RIICO) , Indirect expenses, will be debited to profit and loss account.


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