WHICH ACCOUNT HEAD WILL B DEBIT IF AMOUNT IS PAYING TO MINISTRY OF CORPORTE AFFAIRS
FOR INCREMENT IN SHARE CAPITAL OF COMPANY...............
1 Replies
Devendra
(Chartered Accountant)
(4775 Points)
Replied 10 December 2012
You will have to debit Filing Fees account, but the above expense should be capitalised and 1/5th of the expense should be transferred to expense every year.
Regards,
Devendra Kulkarni
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