date.
20 ITA 03/Mum/2014
However, the expenses like auditor fees , ROC fee and other expenses etc.
which are incurred by the assesseee company ... identification of such expenses incurred for audit, ROC fees
and other expenses incurred to carry out other statutory compliances , and
to allow such expenses after
raised by M/s S. Chandak & Co. for consultation and ROC fees paid
for Form No. 18; Copy of payment receipt for Form ... raised by M/s S. Chandak & Co. for consultation
and ROC fees paid for From No. 18; Copy of challan dated 25.2.2009 for Form
assessee with regard to payment of Registrar of Companies (RoC)
fees.
4. Brief facts are, the assessee a company is engaged in the
business ... debited an amount of ` 2,10,000 towards payment of
RoC fees in connection with increase in share capital called upon the
assessee to justify
namely (i) sundry balances written off - Rs.2,57,379/-;
(ii) ROC fee incurred for increase in authorised share capital ... Stone Industries Ltd.
5. Secondly, with regard to the disallowance of ROC fee paid for
increase in authorised share capital, the learned representative
contended that
deduction:
(i) Membership & Subscription Expenses Rs. 1,43,079/-
(ii) ROC filing Fee Rs. 18,608/-
(iii) Municipal Taxes ... this regard, the assessee submits as under:
1.1.1 With regards to ROC filing fees of Rs.18,608/-, it is stated that the said
expenditure
direct accordingly.
8. The AO has disallowed assessee‟s claim of ROC fees. The CIT(A) has
deleted the disallowance by observing that the ROC ... contentions. There appears to be
confusion with regard to claim of ROC fees in the profit & loss account during
the year under consideration
Kuloday Technopack P. Ltd, Mumbai vs Ito 8(2)(2), Mumbai on 29 September, 2017
assessing officer in
sustaining penalty on addition made on account of
ROC Fee paid for increase of authorized share
capital even though entire information regarding ... deduction of Rs.22,000/ was rental claimed out of
fee paid to ROC for an increase in authorized capital in violation
that certain preliminary expenses such as expenditure
pertaining to ROC fee was allowable under section 35D of the Act.He held that
secondly, disallowance of Rs. 5,00,000/- paid as ROC fees
for increase in authorized capital which has been treated as capital
expenditure ... ground that such an expense has been
incurred towards filing fees to ROC on enhanced capital. Some
further additions like disallowance on personal user
