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hi answre this asap plzzzzzzzzz

Statutory Audit 894 views 7 replies

hi hi hi frends
please tell me about
1.time limit for preoperative expenses.
2.what items can include in pre operative expenses.
3.the loss incurred in the first year of operations can show under preoperative expenses.
4.conditions and time limit for writee off preoperative expenses.

Replies (7)

Upto the point of commercial Production all expenses are shown pre operative

All Expenses will be dbited to preoperative less Miscallaneuos Income so NET Preoperative expenses will be capitalised

There is no loss that can be shown upto the start of commercail production as it is accumulated under preoperative expenses pending capitalisation

Time limit is upto the stage of commercail production u can accumulate preopertive expenses

agree with above

agreed with srinivass

thanksssssssssssssssssssssssssssssssssssssssssssss

Ok................

I am answer you.

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grinding mill,jaw crusher,crusher,stone crusher

ALL THE EXPENSES INCURRED TILL THE STARTING OF PRODUCTION WILL BE CALLED PRE OPERATIVE EXPS...IN CAN BE WRITE OFF ACCORDING TO THE COMPNY'S POLICY BUT UP TO MAXIMUM 10 YRS.


NO THE LOSS INCURRED IN FIRST YEAR OF PRE OPERATIVE XPS CAN NOT BE TREATED AS PREIPERATIVE EXPS...

thanks asif but i dont understand YANGBECKY words


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