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CAN PRE OPERATIVE EXPENSES BE CAPITALISED? IF YES, HOW CAN
IT BE DONE?

Answer Posted / abhishek

I GUESS PEOPLE ARE REALLY CONFUSED WHETHER PRE OPERATIVE EXPENSES SHOULD BE CHARGED TO P/L OR ITS SHOULD BE CAPITALISED.ACCORDING TO ME,PRE OPERATIVE EXPENSES SHOULD BE CAPITALISED IF IT IS OF CAPITAL NATURE OR ELSE CHARGE TO P/L AGAINST PROFIT OF THAT YEAR...

Is This Answer Correct ?    26 Yes 18 No



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