Pre Operating Expenses in Partnership Firm
Amit Jain (Proprietor ) (538 Points)
15 October 2019
How to treat Pre Operating Expenses in Partnership Firm
1 Replies
Kapadia Pravin
(17264 Points)
Replied 15 October 2019
Under section 35D , amortization of such pre operative expenses is allowed to be amortized equally over a period of 5 years subject to expenditure limits .
Recent Topics
- Loss on F & O
- FCNR DEPOSIT INTEREST EARNED REPORTING IN ITR2
- Rectification of tDS
- Interest from SCSS in ITR
- Missed paying advance tax
- Freelance CA with COP Available for Part-Time Comp
- Residential status of studying in abroad
- Itr2 validation errors
- GST AMENDED HSN SUMMARY
- Interest earned on deposits placed with corporates
Related Threads
Trending Online Classes
CAclubindia
