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ROC fees

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2010 hi
respected members

can any one tell me ?
what will be the entry of ROC Fees exp. ?

and whether it is capital or revenue exp?

In which section it is allowed under I.T.Act.

Thanks
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Praveen Sharma

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Praveen Sharma (Expert)
20 September 2010 Expenses Dr.
To Cash/Bank

is the simple entry charged as revenue exp.

allowed U/s 37
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 September 2010 It is revenue expenses, allowed u/s.37
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