Prelimanary expenses

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2013 dear, wheather it is correct or not underwriter commission and stamp duty included in the preliminary expenses?

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

12 June 2013 ye, it can be included to preimanary expences

Expenses incurred on the formation of a company are termed as preliminary expenses. These include following:

1) Expenses incurred on the preparation of various document needed for the registration of company.
2)Stamp duty and registration fees on these documents.

3)Underwriting commission.
4)Cost of preliminary book and common seal.
and any other expenditure for start up..

Thanks & regards
Ganeshbabu

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now