company law

This query is : Resolved 

16 June 2008 pl. give me the iformation about pre-incorporation expences of a company.

17 June 2008 Preliminary and Pre-incorporation Expenditure
Preliminary expenditure comprises of registration fees, legal and professional fees and other charges, which are charged to the profit
and loss account of the current period.
Pre-incorporation expenditure comprises expenses incurred till the date of incorporation of the Company and is charged to profit and
loss account of the current period.

18 June 2008 U mean that both preliminary and pre incorporation expences are one and the same?

The Registration chrgs, legal fees and professional chrgs also come under the pre incorporation exp. Right?

Will the expenditure be amortised over a period of time or to be charged in the current year itself?


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