Expenses of prevoius year
This query is : Resolved
rumy nagwaswala
(Querist)
06 September 2011
if a private limited company receives the invoices pertaining to expenses of previous year in current year; will it be allowable in the current year or is it disallowed and reported in 3cd report
CA Ayush Agarwal
(Expert)
06 September 2011
As Per rule Its Not Allowed and also reported in Audit report.
But practically Speaking In these Cases Company Generally Allow That expesnes in There Report
But practically Speaking In these Cases Company Generally Allow That expesnes in There Report
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