21 October 2012
we have established a pvt. ltd. company in march 2012. after that in august we have increased authorised capital in the month of August 2012 therefore that fees we have paid on increasing authorised capital can be considered as preliminary expenses or not.
If not then please tell me how it will be treating in accounts.
No, it is not a part of preliminary expenses, because it is not related with work associated with registration of company. So, I think, it is not associated with incorporation of the company and it will not be a part of preliminary expenses.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 October 2012
how i show in respected accounting period.