Menu
Question
Which is the asset existing in balance sheet but do not generate income?
Replies (2)
Dear student,
Fictitious assets do not generate income.
For eg. Preliminary expenses not written off.
Regards,
QLI Success oriented coaching for CA and CS
www.qli.co.in
9029083303
Ficititous assets...............
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
