Dear Experts ,
We have paid municipal tax due for the 2005-06 to 2014-15 during the year 2015-16 , can we treat the same as revenue expenditure and dr. it to Profit & Loss a/c
Menu
Treatment of prior period item
Replies (1)
Yes. We can consider it as revenue expenditure.
Recent Threads
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
Related Threads
CAclubindia
