pre-operative expenses

This query is : Resolved 

01 December 2008 what is the provision of pre-operative expenses.
can we claim full deduction in the year of business commencement.

01 December 2008 Expense before commencement of the businesss is called pre operative expnes.It can be cliamed as a deduction from the year of commencement of business eighter fuly or asan installment.

01 December 2008 bt if a private ltd co engaged in maintaining the parking and has incurred pre-operative expenses of 8,50,000 in revenue nature can claim full deduction in the assessment year.


01 December 2008 bt if a private ltd co engaged in maintaining the parking and has incurred pre-operative expenses of 8,50,000 in revenue nature can claim full deduction in the assessment year.

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