dear member
pleaae provide me the treatment of share issue exp, discount on issue of share ,as per revised schedule and As . As per my understanding As 26 does not cover this.
regard
rahul
2 Replies
Yuvraj Singh
(CA FINAL )
(135 Points)
Replied 14 April 2013
as per revised schedule VI it should be written off completely in books as sch VI does not allow misc exps heading
CA rahul
(BCOM(H) ACA)
(725 Points)
Replied 14 April 2013
how these exp written off if company has does not have securities premium and profit and loss dr balance
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