CA Day celebration 2024 Easy Office
LCI Learning

Preliminary expenses

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 August 2011 I want confirm,
we can writeoff preliminary expenses in case of only when pvt.Ltd.has adequate profit. in case of loss we can write off or not preliminary expenses.

Regards,

Umakant Tripathi
Profile Image

SUMIT KUMAR MEHARIA

Profile Image

SUMIT KUMAR MEHARIA (Expert)
12 August 2011 Written off of Preliminary expenses will start after commencement of business whether loss or profit doesnt matter
Profile Image

CMA. Murali

Profile Image

CMA. Murali (Expert)
12 August 2011 Sec 35 D as per IT Act, profit is not essential for PE write-off.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links