15 July 2016
Deferred revenue expenditure is the expenditure where the benefit of the expenditure would be for more than one year and thus the expenditure can be deferred for the years the benefit is expected to flow. For example, for advertising expenses incurred for launching any product. The benefit of this advertisement expenses would be for more than one year and it would be considered as deferred revenue expenditure
15 July 2016
AS 26 discuss about intangible assets where the advertisement expenses are not considered. We are discussing about revenue expenses. Both are different.