Preliminary expenses written off
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2013
As per Income tax Act preliminary expenses written off 1/5 in a year. But, AS-26 preliminary expenses written off 100% in a financial year. If entry is made according to As-26 then, how to adjust against Income tax?
31 July 2013
differred tax asset as per AS 22
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