Disclosure
This query is : Resolved
27 June 2015
Can i record Expenses of F.Y 2009-10 in current year i.e in F Y 2014-15 P&L? If I record the same,Plz tell what is the procedure? & Taxation for the same plz define ?
27 June 2015
you can record as Prior period expenses and disclose in the notes accordingly. Under income tax same will be disallowed
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