Prior period income/expenses
This query is : Resolved
16 August 2014
Respected Learned Members,
In form 23ACA, whether prior period income and expenses is shown in exceptional item or extraordinary item.
or they are shown in other income/other expenses.
awaiting for early reply.
Thanking in advance.
In form 23ACA, whether prior period income and expenses is shown in exceptional item or extraordinary item.
or they are shown in other income/other expenses.
awaiting for early reply.
Thanking in advance.
17 August 2014
It is an extra ordinary item since infrequent and unusual in nature. Inference is from AS-5.
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