Misc. expenditure


27 September 2012 Where to show Misc. expenditure (to the extent not w/off) under the revised schedule VI?
Please reply.
It's urgent.

27 September 2012 nder Current Assets Only.
No Other Place.

27 September 2012 It should not come under current assets for sure.
Because we carry forward it for more than 1 year.

27 September 2012 Yes, But Not a Major Issue.
If Go By Law, Then You Should Show Next Year Write Off Amount in Current assets, & Balance Amount in Long term.

27 September 2012 If you say so, then portion of fixed assets which is to be depreciated in next year should also come under current assets.


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