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PREOPERATIVE EXPENSES

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(Querist)
12 February 2009 What is the treatment of preoperative expenses for accounting as well as income tax purposes?

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Deepak Agrawal

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Deepak Agrawal (Expert)
21 February 2009 Pre operative is to be expensed out in accounts

In tax it is to be as per section 35**

I don't remeber exact section in tax. But in series of 35. So i wrote 35**
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Amit Gupta

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Amit Gupta (Querist)
23 February 2009 Thanz 4 ur reply sir.
Pre operative expenses r same as preliminary expenses....




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