Profit & Loss account during Construction Period mandatory?

CA Kishore Tallam , Last updated: 28 May 2010  
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Many times, we see that many companies which are in startup stage i.e. during construction period and before it is ready for commencing commercial operations do not prepare Profit and Loss Account for the year / period and the total expenditure incurred during such year / period is kept under the

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CA Kishore Tallam
(Sr Manager - Corporate Account)
Category Accounts   Report

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