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Pre operative expenses

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05 January 2013 what is the treatment of preoperative expenses like rent, salary, consultancy charges, electricity etc...before the date on which actual business is commenced i.e when actual sales starts... should we capitalised it or treat it as deferred revenue expenditure????? as per latest notification given by ICAI & which AS is applicable on the above question???

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CA Roshan Jha

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CA Roshan Jha (Expert)
06 January 2013 As per AS-26, such exp. should be charged to p&l.
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