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Expenses on issue of equity share 's nature

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(Querist)
17 November 2013 what are the nature of expenses on issue of equity share ? real or nominal n why
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
17 November 2013 for accounts purposes nominal. the expenses don't result in any future benefit and therefore anyways should be written off in the year of issue itself.
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CA BHARATH KUMAR

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CA BHARATH KUMAR (Expert)
18 November 2013 it is nominal account
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