Accounting group of Preliminary expenses and journal entry
This query is : Resolved
28 June 2022
Accounting group of preliminary expenses and journal entry of written of preliminary expenses. As
per new schedule of balance sheet.
per new schedule of balance sheet.
25 July 2022
This concept of preliminary expense has been removed already. Entire preliminary exps need to be w/off in P & L only, it will not appear in BS.
In income tax section 35D will be applicable and one can claim in 5 years.
In income tax section 35D will be applicable and one can claim in 5 years.
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