Please can u tell me, is there any guidelines, section and notification issued by the MCA, RBI, ICAI and any other insitution related with Revenue Expenses written off through Revenue Reserve instead goes to Profit & Loss Accounts.
Please tell me which type of Revenue Expense directly debited to Revenue Reserve
You cannot set-off revenue expenses against Revenue Reserves as it would be against the matching Concept.
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
View Details
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CA ANOOP P K & ASSOCIATES
Kozhikode
CA Inter
View Details
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
