Pre operative expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 March 2010
In Jan 2009 i started freelance consulting. In Jun 2009 i received my certificate of incorporation as pvt ltd co. During Jan-Jun 2009 (i.e, before incorporation), i earned some revenue as well as incurred some expenditure (rent, electricity, etc.,).
How will this be treated for tax purposes for financial yr ended 31 Mar 2010?
How will this be treated for tax purposes for financial yr ended 31 Mar 2010?
CA Amit Joshi
(Expert)
05 March 2010
for income tax pre or post incroperation doesn't matters. The income related for the P.Y. is taxed as par the slabe rate.
Onlt for accountancy Pre or post incroperation is considerd.
Onlt for accountancy Pre or post incroperation is considerd.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
