a subsidiary company is in process of obtaining it's operation license, can it book it's expense in holding company till starting it's operations?
what is the correct treatment in both books?
3 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 23 February 2021
Since ever company have separate identity of their own it cannot be booked in holding company accounts
Arun Jindal
(11 Points)
Replied 23 February 2021
Company has not obtained its operation license, so how it can booked operating expenses before obtaining it's license
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 23 February 2021
They are pre operating expenses
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
