05 September 2011
My query is that how should I treat the preliminary expenses in the revised schedule VI? Whether to write off them 100% or write off them in five yrs equally? and what should be done with the opening bal. in preliminary exp. that are pending to be written off fully??
Please reply my query its urgent! thanks in advance!
05 September 2011
but what should i do , as in previous years i have written off only 1/5th of it, and still 4/5th is pending, as last yr there was no such provision of writting it off 100%. should i write off the balance 4/5th this year????????
CAclubindia
