Revised schedule vi

THE PREOPERATIVE EXPENSES ARE THOSE EXPENSES WHICH ARE INCURRED BEFORE START OF COMMERCIAL OPERATIONS BY THE COMPANY. THE PREOPERATIVE EXPENSES ARE TREATED AS ADEFEERRED REVENUE EXPENDITURE AND AMORTISED OVER A PERIOD OF 5-7 YEARS.

THE PRE-OPERATIVE EXPENSES SHOULD BE SHOWN AS NON-CURRENT ASSETS UNDER CURRENTS ASSETS, ASSETS AND LOANS & ADVANCES.

Sir,

So under head Other Non Current Assets should it be disclosed under others, and the breakup of Opening balance & during the year expenses required.