Water charges paid to bwssb

AS 425 views 1 replies

one of our client paid Rs.25 Lac to water supply board which is one time expenditure and it is non-refundable.

should i treat as preliminary expenditure and write-off over the period of Ten years?? or is there is any other way of accounting

 

Replies (1)

Hi,

The facts are incomplete to reply, can you please elaborate nature of expenditure is incurred?


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