RoC Filing Fees...whether Prelimnary Exp.

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Rajesh (Querist)
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31 August 2010 Dear Experts,
Very URGENT SIR!!
Registrar of Companies - Filing Fees.
1)For a private limited company filing fees paid to Registrar of Companies can it be treated as Prelimnary Expenses?
2) As per Companies Act only 1/10 of it can be written off know?
Am i right in the above points?
With regards,
Rajesh.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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31 August 2010 1 - Yes

2. - 1/5 as per income tax act.

In the books of accounts u have both options to write it off over a period of five years or write it off in one year itself.

All listed companies write it off in the year in which they are incurred and many non listed companies write it off over a period of five years.

For listed companies it is compulsory to write it off in the year in which they are incurred.

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