Treatment of election expenses

Praveen,

First I will Explain What Is Deffered Expenses,

"The term "deferred expense" is used to describe a payment that has been made, but it won't be reported as an expense until a future accounting period".

On Other Hand It Is Like Prepaid Expenses Which Is Not Expired,

Deffered Expenses Treated as Asset On Balance sheet Untill they Expires

As it Expires It Has to be moved to expenses a/c

elections is not a business type it is purely service oriented ..how those expenses should be write off if it is business entity  they adjust their expenses with profit ,but it is not business entity