Faizee Mohamed (Finance Professional) (34 Points)
12 September 2013Dear Sir / Madam
Our Company is Incorporated in Jun 2010 and Product launch in July 2013 and Sales started in Sep 2013
Kindly advise me how to treat the expenses between Jun 2010 to Jun 2013 and July to Aug 2013
Either Preliminary or Pre-operative expenses
Thanks
Mohamed
sanjay singhal
(CA)
(987 Points)
Replied 12 September 2013
Exp prior to formation of company are preliminary Exp. and Exp. incurred after incorporation to till date of commencement of business business is pre operative exp.
CA Sanjay Singhal
varaprasadreddy.p
(article assistant)
(22 Points)
Replied 26 March 2016
what is the treatment for pre eliminary expenses and pre operative expenses
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