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development expenditure

This topic has 1 reply, 2 voices, and was last updated 15 years ago by MikeLittle.

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November 26, 2010 at 11:56 pm #46286
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
November 27, 2010 at 10:48 am #71793
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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