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premlinery exps

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(Querist)
21 February 2011 Dear sir,


VAT Reg. PT Reg. Misc Exp. and deposits whether we should take into Expenditure or we have show it in the balance sheet under premlinery Exps.

Kindly advise.

My email id s4rasheed@gmail.com
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Pankaj Gandhi Jaiswal

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Pankaj Gandhi Jaiswal (Expert)
21 February 2011 Dear Sardar. this is revenue expenditure and shall be debited to Profit Loss account. Prelim Expenses basical company formation related expenses.
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
21 February 2011 the same will be debited in P&L and shall not be prelim exp




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