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Misc exp not w/off

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11 August 2012 As per new schedule VI there is no place for 'miscellaneous expenditure to the extent not w/off or adjusted' (preoperative exp)in the balance sheet

even if we write it off fully this year how should we show the last year's balance in last yr's column in B/s?

Also will a resolution be required to be passsed for the above w/off?

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11 August 2012 Also please explain how loans taken by directors be classified as current or non current?

11 August 2012 Miscellaneous Expenditure not written off to be disclosed under NON CURRENT ASSETS sub head OTHER NON CURRENT ASSETS.






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