Dear Friends,
Income tax Act, Sec 35D provides for amortisation of pre-incorporation (Prelimnary Expenses) over a period of five year. Does any provision of any other act governs this? Please let me know.
Regards
Swati
swatikrishnan (63 Points)
22 May 2007Dear Friends,
Income tax Act, Sec 35D provides for amortisation of pre-incorporation (Prelimnary Expenses) over a period of five year. Does any provision of any other act governs this? Please let me know.
Regards
Swati
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 21 May 2008
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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