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(Querist)
22 August 2009 Can we adjust Misc Expenditure(Preliminary Exp) with sahre premium.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
22 August 2009 no
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Ankur Garg

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Ankur Garg (Expert)
22 August 2009 Yes you can adjust. But only pre. exp allowed. Section 78(2)(b).


To know the specific use of share premium refer section 78.
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vijay singhal

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vijay singhal (Expert)
22 August 2009 yes..u can ..go thriough sec 78(2)

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