Preoperative expenses treatment in accounts and income tax

Companies act provides that pre - incorporation exp have to be capitalised completely.

But logic is killed her complety.

To justify - a company( as u mentioned) has to be incorprated to get life in it and hence there exist no evidence that there was a co. who was been runned.

Assuming it as public co. It has to get CoCoB to start it so the question itself is conflicting in nature.