Preliminary exp

490 views 3 replies

hi
i wanted to know about expenditure incurred during extension of the company .
whether it can be treated as preliminary exp or not?
as per income tax act (section 35d) preliminary exp applicable even for extension
how its dealt in accounting std or in company law ?
plz do reply....

Replies (3)

plz any one reply

As per my opinion it should be capitalized as per accounting, even we make another unit .

Wait for experts ..

i think they shd be capitalised. that means such exp shd be added to cost of extension.until such addition takes place , they r treated as miscellaneous expenditure in d balance sheet.correct me if i m wrong

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details