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IPO expenses

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(Querist)
29 November 2009 What is the accounting treatment for IPO expenses?
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
13 December 2009 The expenses incurred on issue of Shares is to be treated as deferred revenue expenditure and then to be amortized in 5 equal yearly installments.

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