Right Method of Application
Querist : Anonymous
I need your valuable advice on the following matter:
I had an existing profit oriented business & earn profit every year. I planned for further expantion of business and start incurring certain required expenses for the expantion project. Expenses are both revenune & capital nature. Expenses of capital nature obviously being capitalised for the project. However, revenue type expenditure can I get recovered/carry forward from my regular business income or tobe ammortised & get recovered from the project income only i.e defeered over the period after the commencement of the project?
Prashant Deochake
Asst.Manager-Finance
Querist : Anonymous
Querist : Anonymous
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