WHICH ACCOUNT HEAD WILL B DEBIT IF AMOUNT IS PAYING TO MINISTRY OF CORPORTE AFFAIRS
FOR INCREMENT IN SHARE CAPITAL OF COMPANY...............
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
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)