Easy Office
Easy Office

pre incorporation expenses is revene or preliminary?

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(Querist)
06 September 2010 hello friends,

co. incorporated on 31/05/10.
follwing are the details of expenses incurred:
25/03/10: comm/brok on taking factory & office on rent: Rs.10000

31/03/10: stamp duty & regn. charges of lease agreemnt rs.10000

15/05/10: Incorporation expenses(roc,form1a, regn etc)Rs.10000

plz clarify whehter these are revenue expenditure(dr. to p/l) or preliminary expneses(deferred)

Waiting urgently for ur reply.

Thanks in advance
my id abhipcc@rediffmail.com
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CA SMR

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CA SMR (Expert)
07 September 2010 These are all preliminary expenditure.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
14 September 2010 pre incorporation expenses are preliminary expenses.
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