26 November 2016
Dear sir our company amt incurred expense around 90,000 for addition of share capital . most of amt paid in roc My doubt is how to account this . whether it is show in pl or bs
26 November 2016
You have to book Pre incorporation expenses in current asset 1/5 you have to written off in profile and loss account. Post Incorparation any ROC exps towards increase in capital can be directly charged to profit and loss account
CAclubindia
