Pre incorporation Profit
This query is : Resolved
23 May 2008
Hello sir,
I just wanted to know that is there any AS which supports capitalisation of pre incorporation profits in the books of accounts?
I just wanted to know that is there any AS which supports capitalisation of pre incorporation profits in the books of accounts?
23 May 2008
Hi Jignesh,
PLease refer AS-16, Accounting for Borrowing Costs.
Rgds/
Vineet
PLease refer AS-16, Accounting for Borrowing Costs.
Rgds/
Vineet
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