prior period items
This query is : Resolved
21 May 2009
what would be the treatment of prior period income for computation of income?
And Prior Period Items are required to be disclose seperatly. can we combined prior period income and prior period expenses in prior period items head in Fin statement.
And Prior Period Items are required to be disclose seperatly. can we combined prior period income and prior period expenses in prior period items head in Fin statement.
CA. VIKAS GUPTA
(Expert)
22 May 2009
Prior period items will be disallowed for computation of income.
Dhirajlal Rambhia
(Expert)
22 July 2023
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