The company has incurred Preliminary expenses. As per old
Schedule VI these are to be shown under the head MISCELLANEOUS
EXPENDITURE in Assets side of Balance Sheet. Now where to show
these expenses under revised Scheduke VI.
- 1 Answers
- 3463 Views
- I also Faced
- E-Mail Answers
Answer Posted / satishp
Pre liminary Expenses can be showned in pre operating
expenses
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
hat is the meaning of the capital ique,and hat is capital,and ahat is ique
what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?
Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?
Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?
How to analyse the day to day sensex Points or Forex Values?
How often is the stock market ticker updated? 15sec? 30sec?
Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?
Information regarding shop & establishment registration of propiertor ship & require document for this
when will be appsc exams will held pls give me the dates
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
how to solve the problem of sechdule date problem in sap proframme.
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
what is the abrevation for JJ in form jj
analyses of Cost control
1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-
