As per AS 26 – should be Expensed with in the year of occurrence As per guidence note and para 5 of AS 26, exp. of specialised accounting nature (like share issue exp.) can be amortized. SO, WHETHER PRELIMINERY EXP. CAN ALSO BE AMORTIZED ??? If yes, pls quote legal provision in this regard. Please reply !!!!
Menu
Preliminary expenses
Replies (1)
Friends reply yaar!!
Recent Topics :
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
Related Topics :
CAclubindia
