Easy Office

Pre-operative expenses

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 June 2015 A service rendering company provides services to its Associated company, since the fees receivable from the associated company is on the condition that if loan is approve by bank then rendering company will receive the fees. In such a case how will the such expenses incurred be treated as pre-operative or as routine expenses?
plz reply its urgent
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
02 June 2015 Treat it as routine expenses.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 June 2015 can you provide logic or reason behind it as i need to expain to client so plzzzzzz



Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 June 2015 thanx a lot.can you provide logic or reason behind it as i need to expain to client so plzzzzzz
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
02 June 2015 Whether you receive the fees are not the expenditure is incurred which can't be deferred so charge it as routine expenditure.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 June 2015 Thank you so much sir

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links