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Treatment of pre opening expense

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 January 2015 Dear sir,

Kindly advice how pre opening expenses can be treated.

Regards
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 January 2015 it must be written off to profit and loss a/c
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Querist : Anonymous

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Querist : Anonymous (Querist)
09 January 2015 Thank you , but for how long period .whether it can done in one strech or it depends on the company policy.Kindly advice
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 January 2015 it has to be done to the earliest....
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