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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2013 Whether IDC and pre-operative expenses which are capitalized to be considered as hard cost.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 June 2013 Yes. IDC & Preoperative expenses can be capitalised till the date of project comes in to commercial operations
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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2013 Ramesh ji, My doubt was whether IDC & Pre-operative expenses form part of hard cost.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 June 2013 Yes. it is can be part of hard cost only
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