As 26
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2010
1)Whether after introduction of accounting standard AS-26,i.e accounting for Intangible assets,there will be no deferred revenue expenditure.
2) Then what is the treatment of deferred revenue expenditure if the above is correct?
2) Then what is the treatment of deferred revenue expenditure if the above is correct?
27 December 2010
1. There will be deffered revenue expenditure.
2. Deffered revenue expenditure will be amortized in P/L account as per the matching concept.
2. Deffered revenue expenditure will be amortized in P/L account as per the matching concept.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- RCM invoice related QRMP
- WHO WILL PAY TDS UNDER SECTION 194IA?
- MAT Credit Availability
- Late fee CMP-08 FY 2021-22
- Mismatch in gstr-1 and eway bill invoice no
- Clarification Regarding Tax Deduction at Source on Receipt Against Issuance of Privilege Voucher
- GST TDS on metal scrap
- ITC Inter head difference
- 80CCD(2) of IT ACT
- Guidance for proper GST accounting (eway bill with correct valuation) for cut-to-pack job work given
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
