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Treatment Of Expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2010 what is the tretment of expenses (Professional Fee,Travelling Expenses and other Mics Expenses) incurred to purchase the more than 50% Equity share of any foregin company.
At the time of consolidation how its deal with it as per AS-21
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Jitender

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Jitender (Expert)
22 August 2010 it is a cost of Investment.

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