How to classify Pre operative expenses as per Revised schedule VI?
Doubt regarding classification according to re-schedule vi
Palle Ashok Reddy (student) (56 Points)
19 February 2013Palle Ashok Reddy (student) (56 Points)
19 February 2013How to classify Pre operative expenses as per Revised schedule VI?
CA Kedar Sakhardande
(Proprietor)
(942 Points)
Replied 19 February 2013
To be classified as other current assets
Palle Ashok Reddy
(student)
(56 Points)
Replied 19 February 2013
thank u :) can't we show them as Miscellanoeus Expensiture to the extent not adjusted and written off them in 5 equal annual installments??