Consulting fees paid to research & development accounting treatment

Sir,

   Our company paid consulting fees for consultants who are expert in software and hardware for conducting R&D and to enhance the products offered by company.

1.) is it accounted as expense or intangible assets?

2.) if as intangible assets what is the rate of depreciation asper companies act and life of assets?

Please reply......

Replies (4)
Check whether it meets the recognition criteria as per AS26. It seems it doesn't meet. Only if it meets, it is to be capitalized. Else, expense off.
r&d expenditure are treated as expense as per as 26

thanq friends

Make sure you people will read this article on fast learning: https://eduessayhelper.org/blog/learn-algebra

Will be useful for students

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details