Trail run expenses
This query is : Resolved
02 August 2012
what is the meaning of trail run expenses?? what is its accounting treatment??
03 August 2012
Dear Samriti
Trial run are expenses incurred during the trial run/testing of any industry or plant before any commercial production.
These expenses should be netted with the revenue of the trial run production sale and balance left if any can be capitalised.
Others experts views sought to confirm my views and heartly welcome for any correction.
Best Regards
Trial run are expenses incurred during the trial run/testing of any industry or plant before any commercial production.
These expenses should be netted with the revenue of the trial run production sale and balance left if any can be capitalised.
Others experts views sought to confirm my views and heartly welcome for any correction.
Best Regards
Message likes :
1 times
03 August 2012
I agree with CA Nitin Agrawal Well explained
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Sec 44ada applicable only or both
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- RELATED TO TRIBUNAL APPEAL
- Portuguese Civil Code IT Return
- LIC maturity claim whether taxable
- HOUSING LOAN ISSUE
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
