Prior period expenses

Vivek Jarial (Student) (272 Points)

26 July 2013  

Dear All,

One of our company has not filled its annual return (ROC) for last 3 years. In the current year it has filled all the three returns. In our account books we have not created any provision towards certification fee of the forms and ROC fee. 

Kindly advice wether these ROC expenses are treated as prior period expenses in this current year.


Vivek Jarial