Pre - operational expenses

Actual expenses incured before commencement of business can be charged as pre-operating expenses to the profit & loss account.

Actual expenses incured before commencement of business can be charged as pre-operating expenses to the profit & loss account.

R u sure? I heard we should capitalise those expenses in the year in which we commence business

it should be written off in the year of production as per revised AS-26. There is no concept of defferement of revenue expenditure now.

Please  explain me in details