Poonawalla fincorp
Poonawalla fincorp

Expense applicability

This query is : Resolved 
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(Querist)
02 September 2014 Can i claim ROC fees as a expense as per IT ?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
02 September 2014 Depends on the nature of the fees. if it is paid for increasing the share capital then it is not allowed.
if it is paid for filing various returns and documents then it is allowed

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