Pre Operating Expenses in Partnership Firm
Amit Jain (Proprietor ) (538 Points)
15 October 2019
How to treat Pre Operating Expenses in Partnership Firm
1 Replies
Kapadia Pravin
(17264 Points)
Replied 15 October 2019
Under section 35D , amortization of such pre operative expenses is allowed to be amortized equally over a period of 5 years subject to expenditure limits .
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