preliminary expenses

This query is : Resolved 

27 February 2008 treatment of preliminary expenses as per Companies Act,1956 and Income Tax Act, 1961

27 February 2008 treatment of preliminary expenses as per Companies Act,1956 and Income Tax Act, 1961

27 February 2008 Already answered. The question has been repeated

27 February 2008 ALREADY ANSWERED

27 February 2008 can all the preliminary expenses be written off in the first year itself as per Companies Act, 1956

27 February 2008 can all the preliminary expenses be written off in the first year itself as per Companies Act, 1956

27 February 2008 as per tax laws :- 5 years u/s 35D
co law :- as per management.

08 March 2008 The I-T Act provides for amortisation of preliminary expenses. Section 35 D specifies the expenditure to be included in preliminary expenditure, which under the I-T Act is allowable for all types of assesses. Conceptually, this is different from preliminary expenses under company law.
A company can as well write off its preliminary expenses in the same year under Company Law

14 May 2008 I AGREE WITH SRI GOPAL AND OTHERS.
R.V.RAO


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details