whether any revenue expenditure incurred in fy 2011-12 can be deferred in the accounts of company under companies act.
2 Replies
Sheli Sehrawat
(SAP Business Consultant)
(767 Points)
Replied 24 July 2012
| Originally posted by : rohit maurya | ||
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whether any revenue expenditure incurred in fy 2011-12 can be deferred in the accounts of company under companies act. |
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Yes, if the expenditure incurred will reap revenues in the coming financial years too, then you can defer the expenditure proportionately.
CA Rohit Maurya
(Associate)
(213 Points)
Replied 25 July 2012
Thanks for your valuable answer to my query............
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