ROC Fees for increase Authorised Capital

As per Section 37 of income tax Act, ROC fees paid to increase the authorised share capital is of capital nature since its provides benefit to the company for more than 1 year. However registration fees to increase in share capital - Bharat carbon & Ribbon Mfg company limited Vs CIT (1979) 117 ITR 549 (Cal.), CIT Vs Kisenchand chellaram (Ind) Private Limited (1981) 130 ITR 385 (Mad).

agreed with Yash,

Roc FEE for Increase in authorised capital must be write off in 5 years.

this is not allowable in a single year

Roc Fees Paid to Increase Authorised Capital is in Capital Nature so it is not treated as Revenue Expenditure

but if is used for expansion purpose it should be allowed as deffered revenue expenditure.