accounting treatment of stamp duty & registration charges

[Harish uniyal]

what is the accounting treatment of stamp duty & registration charges paid in respect of increase the limit authorised share capital of private limited company ? whether it is revenue expenditure or capital expenditure Please tell me urgent

AI Summary

Stamp duty and registration charges treated as capital expenditure, charged to profit and loss and not tax-deductible.
Stamp duty and registration charges for increasing authorised share capital are treated as capital expenditure and charged to the Profit and Loss account; they are not carried forward as a balance sheet asset and are not allowable as a revenue deduction under the Income Tax Act.