one of our client didnt make any provisions on march 13 in respect of elctricity.that means 31/03/2013 expenditure is taken in current year as on 01/04/2013.from current year(01/04/2013--31/3/2014) can we make provision by taking 13 months into consideration for current year.
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No provision made
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well if the provision is not made then it has to be shown as prior period expense. and hence disallowed.
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