Pre operative exp.

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..... In income tax preoperative exp. can either be capitallsed to fixed asset and claimed as depreciation, or claimed as deduction in the year in which business commences. A Company capitalised pre operati .....

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..... ve exp. under the head Miscellaneous expnditure and did not claim anything in ITR for many years. Now when the matter came to notice, can the co. claim full deduction of such exp. in current year? - .....

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..... Reply By MARIAPPAN GOVINDARAJAN - The Reply = Have you got clarified in the above issue? If not please inform me. - Pre operative exp. - Query Started By: - aishwarya gupta Dated:- 13-12-2012 Inco .....

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..... me Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com .....

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..... - TMI - TaxTMI - TMITax .....

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