https://www.taxtmi.com/forum/issue?id=5038 Pre-operative expenses may be capitalised and recovered by depreciation or claimed as a deduction in the year business commences. The document asks whether a company that previously capitalised such expenses as "Miscellaneous expenditure" and did not claim deductions earlier can now claim full deduction in the current year. en-us Thu, 13 Dec 2012 13:19:49 +0530 Thu, 23 Jan 2025 15:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5038 Pre-operative expenses may be capitalised and recovered by depreciation or claimed as a deduction in the year business commences. The document asks whether a company that previously capitalised such expenses as "Miscellaneous expenditure" and did not claim deductions earlier can now claim full deduction in the current year. Discussion-Forum Income Tax Thu, 13 Dec 2012 13:19:49 +0530 https://www.taxtmi.com/forum/issue?id=5038