Dear All,
what will be treatment of preliminery expenses in revised schedule VI, which is not written off in earlier year.
Is it required to write off entire balance in revised sch. VI ?
Thanks in Advance
Amit
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Revised schedeule vi
Replies (3)
you should write it off throgh pl a/c..now there is no provision for carrying forward deferred expenses
Due to write off huge amount of plem.exps book profit should be reduced substantialy . Should it be true treatment? Please let me know
Yes agree with Pooja
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