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Examples for fictitious assets?????????????????????
so in short can it be said that fictitious assets are sort of expenditure not written off ????
Merger and Acquisition
what is the difference between paid up value reduced with reduction of face value and paid up value is reduced without change in face value
Pleas Any other example apart from discount on issue of share not written off
So, Goodwill is fictitious asset?
| Originally posted by : ashish gupta | ||
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like preliminary expenses not written off, discount on issue of debentures not written off. |
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I had a doubt regarding fictitious assets. In amalgamation process we dont take over Fictitious assets, but tax provision allows us to writeoff the priliminary exp of selling co.
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