1- does product testing expense is capital expenditure or revenue?
2- expense related to event of launch of new products is revenue or capital expenditure?
Most of the cases, both considered as revenue expenditures.
Atharv Sankliya (1306 Points)
08 June 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 08 June 2023
Most of the cases, both considered as revenue expenditures.
CA Ashish Joshi
(CA)
(265 Points)
Replied 09 June 2023
Yasaswi Gomes new
(Finance )
(4469 Points)
Replied 10 June 2023
AS 26 or Indas doesn't mention anything about new range or new origin. Can you help me with the standard Paras please.
I just know research and development phases
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