Deffered exp

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Deepak Gagrani

Deepak Gagrani (Querist)
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14 September 2009 Dear all

Please give me knowledge about deferred exp

& give few exampal

urgent please

C.A.Harish Singh

C.A.Harish Singh (Expert)
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15 September 2009 Deferred Expenditure means those exp. benifit of which obtained more then one accounting period.

Suppose that u appoint Mr. Amitabh Bachan for advertisment compain of ur company and he charged Rs.1 Crore.Then benifit of this advertisment can be obtained more then one accounting period. Than This exp. called Deferred Revenue Expenditure and can be amortize over the accounting period upto benifit of this compain received.