Preliminary Expenditure
This query is : Resolved
14 August 2009
In case of Private Companies for deduction of preliminary expenditure whether Certificate of Incorporation is the only measure or if a company dosent start its business activity will it be able to avail the deduction from the later date i.e. the date of commencement of business activity.????
14 August 2009
Preliminary Expenses are allowable from the date of commencement of business
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