Dear All,
We have professional fees to consultants. The Professional fees were for negotiating with new investors who has acquired shares. Can professional fees be deferred over 5 years?
Regards
Rajesh
(Service )
(7576 Points)
Replied 17 January 2013
yes, If the benefit of the professional efforts will effected to following years then you can defer the expenses.
Rajesh
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)