Treatment of Interest accrued on FD during pre operation per

This query is : Resolved 

25 July 2011 A private LTD Company earned interst on FD's accumulated using the share application money & unsecured loans during pre operation period of Rs. 261862/- .whether it can be set off against pre operative expenses

25 July 2011 income earned during pre operation can be set off against pre operation expense



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