Misc. exps.


This query is : Resolved 

(Querist)
26 April 2010 Why is Miscellaneous exps. considered an asset?

CA Shiv (Expert)
26 April 2010 it is such type of expense which is incurred and the beneift can be derived in the long terms..i.e. future years. therefore it is capitalised and written off over a period of time....

Smrity (Querist)
26 April 2010 Mr. Shivang, can you explain?


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