27 November 2010
Can we capitalize the pre-operative expenses similar to preliminary expenses to be written off in future years not exceeding 10 years as specified in AS 26.
29 November 2010
Thanks. Please give me tha answer for this query also.
Would it be proper to write off the preliminary expenses and the pre-operative expenses after the company starts operations. Till then can we capitalize all expenses relating to operations as pre-operative expenses