Accounting of film producing companies
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 August 2014
How to treat the cost of film production?
Whether it shall be treated as WIP or not? Will be an intangible asset?
Whether it shall be treated as WIP or not? Will be an intangible asset?
Rupesh Jain
(Expert)
14 August 2014
all expenses for film production will be cost of production and for incomplete will be WIP show as stock
you can see
psalegal.com/.../Tax-Affairs-Bulletin-Issue-X12052009122947PM.
you can see
psalegal.com/.../Tax-Affairs-Bulletin-Issue-X12052009122947PM.
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