whether any revenue expenditure incurred in fy 2011-12 can be deferred in the accounts of company under companies act.
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| Originally posted by : rohit maurya | ||
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whether any revenue expenditure incurred in fy 2011-12 can be deferred in the accounts of company under companies act. |
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Yes, if the expenditure incurred will reap revenues in the coming financial years too, then you can defer the expenditure proportionately.
Thanks for your valuable answer to my query............
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