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Registration fees paid to SEBI by Merchant Banker

Started by bhaveshformals, June 02, 2008, 04:17:10 PM

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bhaveshformals

June 02, 2008, 04:17:10 PM
Dear All

Is there any decided laws on SEBI registration fees paid to SEBI by Merchant Banker.

IS it allowable as Revenue Expenditure or to be capitalised as a dead loss??

Bhavesh Savla
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