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Incorporation cost

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2011 Dear Experts,

How are the cost of registration of a company treated in the books of accounts of the Company?

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Rahul Mehta

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Rahul Mehta (Expert)
21 September 2011 Show it as preliminary expenses which shall be grouped under misc. expenditure in balance sheet. For writing it off refer AS-26.
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