CERTAIN LIST OF EXPENSES ARE MENTIONED IN SECTION 35D
regarding amortisation of such expenses........not included
in the list are expenses like administrative
expenses,consultancy fees etc...if these expenses are of
revenue nature then well and good enough, problem taken
care of.If it is not of revenue nature nor is it included
in the list, how do u treat such expenses. Do u capitalise
them by way of fixed assets or sunk costs or what do u do?
any case laws that talk about expenses not mentioned in the
section?


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Taxation Interview Questions

if bank deduct the tds, it should show in p&l or balance sheet?

4 Answers  


Define FBT with example & how it can be calculate ?

0 Answers  


Timings / Months when the advance tax shud be paid For MNCs?

0 Answers  


What is the difference between Road permit and Way bill ?

1 Answers  


what is tax rate for Companies for the Assessment year 2009-10?

3 Answers  






We are SSI unit. Is there any procedure for the cancellation of excise invoice for excise department?

1 Answers  


Why buyer have to issue C forms & what is the issue

1 Answers  


Income Tax Rules related to TDS?

0 Answers  


what is excise duty? what is excise duty percentage on sales?

3 Answers  


WHAT IS THE LAST DATE FOR PAYMENT OF TDS FOR THE LAST QUARTER (i.e. 4TH QUARTER) FOR THE LAST THREE ASSESSMENT YEARS?

6 Answers   ABC,


TDS RATE ON SALARY FOR THE A.Y 2010-2011?

9 Answers   Exide,


is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax

0 Answers  


Categories