New project losses
This query is : Resolved
19 October 2008
A co. already carrying on business starts a new project which will take more than 2 years.
Co. has started the project & incurring expenses but no revenue is generated whether it is feasible to charge all the expenses from profits of other business.
Is any text availble in this respect with conditions, if yes please let me know.
Co. has started the project & incurring expenses but no revenue is generated whether it is feasible to charge all the expenses from profits of other business.
Is any text availble in this respect with conditions, if yes please let me know.
19 October 2008
Pl avoid repetition.
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