Accounts Query

There is no rule or limit regarding how much indirect expenses you can post in your Statement of Profit and Loss. All the expenses whether direct or indirect in nature which has been done in the course or furtherance of business needs to be disclosed in the P&L A/c.

Agar aap Balance Sheet sikna chayete ho to ICAI ka study material refer kar sakte ho. Refer SCHEDULE III of the Companies Act 2013.

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