21 August 2008

Withdrawal of Guidance Note on Treatment of Expenditure during Construction Period

Withdrawal of Guidance Note on Treatment of Expenditure during Construction Period - (19-08-2008)


The Council, at its 280th meeting, held on August 7-9, 2008, has decided to withdraw the Guidance Note on Treatment of Expenditure during Construction Period, as the same is no longer relevant in the present day context.


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1 comment:

  1. CA dimple shah7:25 PM

    Till now we advise client to capitalise expenditure during construction period till comencement of Production.Allocate directly related exp. to the respective asset & balance exp. on proprtionate basis.

    Now what will be the Position?

    ReplyDelete

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