Is ind as 38 applicable to BS VI engine
mann singh (Student CA Final ) (23 Points)
13 July 2020mann singh (Student CA Final ) (23 Points)
13 July 2020
yasaswi gomes
(My grammar is 💯 good I)
(7296 Points)
Replied 14 July 2020
Yes. The scope is appropriate because custom built engines do have considerable research and development. One must understand the difference between development and research phase because, research is expensed and development expenditure is capitalised.