Is it permissible to include stamp duty as preliminary expenses?
Is it permissible to include stamp duty as preliminary expenses?
Jeeba Aug. 04, 2018
The expenditure incidental to the creation and floating of a company is preliminary expenses. Expenses incurred by a company prior to its incorporation like stamp duties, registration fees, legal costs, accountant’s fees, cost of printing, etc. are preliminary expenses.
So you can classify the stamp duty as preliminary expenses
