Preliminary Expenses
This query is : Resolved
Deepika Rathore
(Querist)
23 September 2009
Please tell me the procedure to write off the preliminary expenses as per companeis act. 1956
Ankur Garg
(Expert)
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
Amount not written off will be exhibited under Misc. expenditure (to the extent not written off) in the Balance-sheet
Regards
Message likes :
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Ankur Garg
(Expert)
26 September 2009
Thanks for the Gesture Deepika...All the Best.
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