Preliminary Expenses

This query is : Resolved 

23 September 2009 Please tell me the rules of write off priliminary expenses as per Companeis Act. 1956 as soon as possible

23 September 2009 For company law it can be written off to the 100% from the profit. No bar for 100% write off in a single year.

Amount not written off will be exhibited under Misc. expenditure (to the extent not written off) in the Balance-sheet


Regards

26 September 2009 Thanks for the Gesture...


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