whats the treatment of misc expenditure in revised schedule VI
and how it is to be shown in B/S n P&L ???
Menu
Miscellaneous expenditure
Replies (1)
Dr. balance of p&l will appear under Reserve & Surplus only in BS. ( Even if the resukt figure is negative).
And no expense is deffered so there is nothing like misc expenditure in BS anymore
Recent Topics :
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
Related Topics :
CAclubindia
