provision of roc exp

This query is : Resolved 

05 August 2010 AUTHORISED CAPITAL INCREASED W.E.F 01.01 2010 BUT DOCUMENTS FILED WITH ROC AND ROC FEES & OTHER CHARGES DEPOSITED ON 31.07.2010

WHETHER PROVISION OF ROC CHARGES IS REQD IN F.Y.2009-10

IN WHICH YEAR THESE EXPENSES WILL BE ALLOWED.



05 August 2010 Provision is not required. Expenses will be allowed on payment basis i.e. in the previous year in which payment is made.

07 August 2010 Provision part is ok.

Your auditors may have issues regarding presentation of authorised share capital in the balance sheet as at 31st March.




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