How do we treat Pre-incorporation expenses such as Legal charges for formation of LLP, Drafting LLP agreement, getting some registrations post incorporation but prior to start of business such as Import Eport Code, VAT etc to ensure smooth flow of business?
Pls do explain me the difference in the treatment as per Income Tax Act and Companies Act, 2013.
Will there be any change if the expenses are related to Pre-operation expenses?
AJAY SINGH AND CO LLP
Thane
CA Final
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ADY & CO.
New Delhi
Graduate (Any)
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Arpan Bohra & Co
Hyderabad
CA Inter
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CCI
Pro
CAclubindia
