Treatment of expenses incurred before start of commercial
This query is : Resolved
SHIRISH YADAO ZALKE
(Querist)
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
Ganeshbabu K
(Expert)
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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