Expenditure incurred by reliance jio

vaibhav (student) (253 Points)

25 January 2017  
Dear Sirs, As all we know that Reliance Jio has launched its mamonth network project on mid of Aug'16. Tremendous huge expense incurred by the Reliance company. I have few queries regarding applicability and implication in books of account of the company. i) whether company can claim expenditure incurred till (tentative date of going live / commercial 31.03.2017) date as a preliminary expenditure in books?� ii) Such loss under mobile network segment can set be off against its other segments? Thnx.