Dear Friends ,
We Have got A BOT Project of ROAD , Which Will Start Giving Revenue After two Year , i.e. After Completion of Road , My Question is
1. Should We transfer All Exp , menas Reccuring and Non recurring to Capital WIP
2. If No Then Should we prepare Profit and Loss Account Without Revenue
3. Can We charge Deprecitaion On Road , license fees , techniclae payment etc
BOT PROJECT WOULD MEAN BUILD -OPERATE -TRANSFER PROJECT??
CAN U TELL ME WHAT EXACTLY IT IS??
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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Krea University
Chennai
CA
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Arpan Bohra & Co
Hyderabad
CA Inter
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CCI
Pro
CAclubindia
