development expenditure

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    jatinkalra
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    sir
    if the profit from the expenditure we are doing on development is expected to be lower than its cost…then will we capitalize the expense or not?
    regards
    jatin


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    MikeLittle
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    Extent of deferral should be restricted to the amount which we will assuredly recover. Any excess expenditure beyond assured recovery should be expensed

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