please tell me what is treatment of pre opertive expenses
(relate it with as-26 intangible asset "para56 and para 6" )
a company which not started business from last 10 years and also no certain evidences are there to start business in near future wheather revenue expenses like audit fees and accounting charges which are not related with any fixed asset are charged to profit loss or capitalized and showed under head non current assets
please solve my query because there is a lot of confliction between me and my ca.
CAclubindia
