Capex.......

traveling cost of consultants for software installation can be capita
lized?
Replies (2)
Quick Summary
This discussion explores the capitalisation of consultant travel costs related to software installation. According to INDAS 38.67, expenditure can be capitalised if directly attributable to preparing an intangible asset for use. However, general overheads, initial operating losses, and staff training costs are generally excluded.

The following are not components of the cost of an internally generated intangible asset:
(a) selling, administrative and other general overhead expenditure unless this expenditure can be directly attributed to preparing the asset for use;
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(b) identified inefficiencies and initial operating losses incurred before the asset achieves planned performance; and
(c) expenditure on training staff to operate the asset.

Indas 38.67: first point is saying expenditure can be capitalised when it is directly attributable. https://mca.gov.in/Ministry/pdf/INDAS38.pdf

Thank you Yasaswi.

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