visa expenses a deferred revenue exp

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Querist : Anonymous (Querist)
17 August 2010 whether visa charges and annual air ticket a deferred revenue expenditure for a beauty salon which employs beauticians from different countries and pays for annual air ticket and one month paid leave

22 August 2010 It is not deffered reveune expenses, if this is paid for future period can be considered as Prepaid expenses

05 June 2011 CMA Ramesh Krishnan is right




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