Dear All,
We have professional fees to consultants. The Professional fees were for negotiating with new investors who has acquired shares. Can professional fees be deferred over 5 years?
Regards
Rajesh
(Service )
(7576 Points)
Replied 17 January 2013
yes, If the benefit of the professional efforts will effected to following years then you can defer the expenses.
Rajesh
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"