Treatment of expenses incurred before start of commercial
This query is : Resolved
09 June 2014
HI
I WANT TO KNOW EXACT TREATMENT OF EXPENSES INCURRED BEFORE START OF COMMERCIAL PRODUCTION.
EG AUDIT FEES
CERTIFICATION CHARGES
EMPLOYEE SALARY
DIRECTOR REMUNERATION
OFFICE EXPS
ETC
I WANT TO KNOW EXACT TREATMENT OF EXPENSES INCURRED BEFORE START OF COMMERCIAL PRODUCTION.
EG AUDIT FEES
CERTIFICATION CHARGES
EMPLOYEE SALARY
DIRECTOR REMUNERATION
OFFICE EXPS
ETC
10 June 2014
Treated as pre-operative expences
.
.
Can be treated as expence in the year in which company has started commercial operations
.
.
Can be treated as expence in the year in which company has started commercial operations
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