Roc fees for authorised capital

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

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.

Thanking you

Ajay Mishra

Ajay Mishra (Expert)
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22 October 2012 Hi

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.

please tell me accounting entry.

Thanking you

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Ajay Mishra

Ajay Mishra (Expert)
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22 October 2012
Please check what is your first accounting period fixed by company.

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2012 my accounting period is 2011-12.

Ajay Mishra

Ajay Mishra (Expert)
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