pleaae provide me the treatment of share issue exp, discount on issue of share ,as per revised schedule and As . As per my understanding As 26 does not cover this.
regard
rahul
Abhinav
(student)
(564 Points)
Replied 17 April 2013
alpeshmodasiya
(rajkot)
(32 Points)
Replied 17 April 2013
Dear Sir,
As per New scheduled VI preliminery exp.should be write of immidiately from reserve & Surplus.
If R&S are not sufficeient then U recognise as Other non current assets under New Scheduled VI.
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