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Priliminary expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 September 2014
hii

Please tell what is treatment of priliminary & pre operative expenses in a company?

can i expensed in first year itself as per AS 26 ?

Please help me..

Thanks in advance
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
18 September 2014 AS-26 Accounts for Intangible Assets
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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2014 But sir As per AS 26 priliminary expenses should be written of fully in the first year itself? is it right?
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