Pre-operative exp. treatment
This query is : Resolved
16 March 2013
If a branch is going to close what will be the treatment of Pre-Operative exp.? Whether all exp. be written off once or in 5 installments?
What is the procedure if same case is of a pvt. ltd. company?
What is the procedure if same case is of a pvt. ltd. company?
16 March 2013
Pre-operative expenses are always capitalized. So at the closure of the branch; these would be debited to capital account.
.
In case of private limited company; it would be transferred to miscellaneous expenses which would be ultimately adjusted from the reserves; if any.
.
In case of private limited company; it would be transferred to miscellaneous expenses which would be ultimately adjusted from the reserves; if any.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- SALE BILL AGAINST GOODS RETURN
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- E way bill for tractors
- Specified Profession
- STCG on ETF gold & silver
- TAN for Partnership
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
