19 December 2008
thanku sir, if i earn any income from this fall income from other source ? if i do the same trasction again and again then whthr it cover in business?
31 December 2008
we started business on 23-1-08 before that what ever expenditure i incurred should be captalized . can u tell me what entry in a/c we should pass to make captalize and aftr we started business on trial basis so i in curred expenditure of around 5 lac where should i charged this expenditure