Preliminary expenses for NBFC in ITR 6

ITR 176 views 1 replies

Dear All,

Where to show Preliminary Expenses for NBFC in ITR 6? As preliminary expenses w/off not to be shown in Profit & Loss for NBFC but it is allowable expense as per Income Tax. Where to show such expense in ITR? I am not able to find appropriate head for the same pls help

 

TIA

 

 

Replies (1)

You can show preliminary expenses w/off in other exp in profit in loss account, and also mention notes of accounts under Other Exp


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register