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Preliminary expenses

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(Querist)
13 August 2014 Why we write off preliminary expenses ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
13 August 2014 what else will you with them? the expense has been incurred, benefit has accrued - so what option is there but the write it off?
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Rupesh Jain

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Rupesh Jain (Expert)
13 August 2014 due to this exp. not the assets , you can not get this exp. back in any form.
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