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pre-operative expenses

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(Querist)
01 December 2008 what is the provision of pre-operative expenses.
can we claim full deduction in the year of business commencement.
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
01 December 2008 Expense before commencement of the businesss is called pre operative expnes.It can be cliamed as a deduction from the year of commencement of business eighter fuly or asan installment.
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vaibhav sharma

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vaibhav sharma (Querist)
01 December 2008 bt if a private ltd co engaged in maintaining the parking and has incurred pre-operative expenses of 8,50,000 in revenue nature can claim full deduction in the assessment year.
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vaibhav sharma

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vaibhav sharma (Querist)
01 December 2008 bt if a private ltd co engaged in maintaining the parking and has incurred pre-operative expenses of 8,50,000 in revenue nature can claim full deduction in the assessment year.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
22 June 2023 "Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
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