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