relating to MISC. EXPS
This query is : Resolved
19 August 2008
WHAT IS THE MEANING OF MISC. EXPENSES TO THE EXTENT NOT WRITTEN OFF?
WHAT IS THE MEANING OF MISC. EXPENSES TO THE EXTENT NOT WRITTEN OFF?
19 August 2008
ANY EXAMPLE OF IT.
19 August 2008
REPLY AS EARLY AS POSSIBLE
19 August 2008
The amount appearing under MISC expenses are normally the expenses incurred on establishing the company such as formation expenses etc,which would be capitalised under preliminery expenses. such expenses would be amortised over a period of 10 years
Amortisation means writting off such expenses equally over a determined number of financial years.
Misc expenses to the extent not written off means the amount of balance of such misc expenses in a given financial year .
For eg; year 05-06 - Misc. Exps 100
writtenoff 10
Balance 90
Here Rs.90 is the amount you have referred to as the expenses to the extent not written off
Amortisation means writting off such expenses equally over a determined number of financial years.
Misc expenses to the extent not written off means the amount of balance of such misc expenses in a given financial year .
For eg; year 05-06 - Misc. Exps 100
writtenoff 10
Balance 90
Here Rs.90 is the amount you have referred to as the expenses to the extent not written off
20 August 2008
Thanx
Thanx
20 August 2008
thanx a lot
thanx a lot
21 August 2008
I am a account teacher, you can come online, for this should have mic and headphone, I will provide digital white board. It is looking as vartual classess. reply on jaygulani@yahoo.co.in
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
