claimed as deduction on account
of expenditure incurred on account of ROC fee paid to enhance
1
ITA No. 2315/Del/2018
Assessment year ... paid on account of payment of
ROC fee.
2.2 Aggrieved, the assessee is now in appeal before the ITAT and
has raised the following grounds
ROC Fees 800500 Filing fee for increase in
authorized capital.
2. Share issue exp. 37923 Paid to NSDL for legal fees ag.
Bonus share issue ... Legal fee paid ag. Bonus share
issue
5. Share issue exp. 1103 Paid to NSDL being legal fees ag.
Bonus share issue
6. ROC fees
Insofar as disallowance of ROC charges paid for
increase in authorised capital, the assessee submitted that it has paid ROC fees
for increase in authorised ... administrative expenses u/r 8D(2)(iii).
Insofar as disallowance of ROC fees paid for increase in authorised capital, the
Ld.CIT(A) observed that
ground that the expenses claimed by way
of ROC fees for increasing authorized capital cannot be allowed as a
deduction since the assessee ... Assessing Officer has observed that the expenses claimed by way
of ROC fees for increasing authorized capital cannot be allowed as a
deduction since
action of the ld. AO in making
following disallowance:-
Particulars Amount
ROC Fees 33,900/-
Foreign Travelling Expenditure 94,200/-
Total ... capital from Rs. 40 lacs to Rs. 60 lacs and incurred ROC fee
of Rs. 33,990/- which is debited under the head of registration
ROC. The Assessing
Officer observed that during the financial year 2011-12, the assessee has
paid an amount of ₹.1,55,500/- towards ROC fee ... claimed the same
as expenditure. Since the ROC fee is directly related to the capital
expenditure incurred by the assessee company and relying
account of Disallowance U/s 35 D being ROC fees for
increasing authorized Capital, which is a capital expenditure?
ITA 2297/Del/2014 Assessment Year ... 2014 Assessment Year: 2009-10
ITO vs. Kalra Papers P Ltd .
ROC fee paid which is a capital expenditure and the Revenue
relies
Jcit, Rang-2, Kota vs Chambal Fertilisers And Chemicals ... on 17 October, 2018
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assessee company except
Rs.1,57,000/- paid towards ROC fees. The prospectus issued for public
issue of M/s Patliputra Credit & Securities ... assessee company except Rs.1,57,000/- paid
towards ROC fees. The prospectus issued for public issue of M/s Patliputra
Credit & Securities
Mining
Restoration Expenses Rs. 2,53,00,000/- & (ii) Fees paid to
ROC for increase of authorised capital ... which an amount of Rs. 14,95,000/- was paid towards ROC
fees to increase its authorised capital. AO disallowed the same
as capital expenditure
