Menu
Prepayment
Replacement cost have life of 2 years span. Shall I treat cost as prepaid and depreciated over span of 2 years.
Replies (1)
Yes you can do that as another type of accounting... normally you can also create a provision for two years and post it to p & l in two years
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
