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Accounting tyreatment of Preliminary Expenses

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(Querist)
04 December 2010 I would like to know the accounting treatment of preliminary Expenses as per AS-26.
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CA Dhiraj Ramchandani

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CA Dhiraj Ramchandani (Expert)
04 December 2010 As per AS 26, the preliminary exps must b written off over a period of 10 years... Generally unamortised amount is shown on assets side after current assets, under miscealleneous...

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