Prior Period expenses : Income tax

Prior period expenses are not allowed in current year untill and unless the expenses have crystalised during the year.

The prior period expense partaining to earlier years has been a matter of litigation whether such expense could be allowed as deduction during the current year .

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Prior Period expenses : Income tax

Ashu jain

Sagar Patel

prasad Nilugal

Eldhose MV

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Prior Period expenses : Income tax

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