Inauguration expenses
kishore (Assistant Manager- Accounts) (59 Points)
03 May 2017kishore (Assistant Manager- Accounts) (59 Points)
03 May 2017
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 03 May 2017
You have to capitalise pre-operative inauguration and to be written off over 5 years through P&L a/c starting from the year in which business has started.
Thanks & Regards
Piyush Tanwar
CA Finalist and Internal Auditor
Mobile - 9717468521
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