EASYOFFICE
EASYOFFICE
EASYOFFICE

Prior perid expenses

This query is : Resolved 

17 April 2013 pls tell me what is the tax teratment of following transaction:-

Fixed asset purchased on 31-03-2012
but booked on 07-11-2012

31 July 2013 It is not expenses, how ever the depreciation related to previous year is prior period expense



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