Can I take the R and D expenditure as overhead?Is there any reference standard or Standard texts on this?
S.NATARAJAN (ACCOUNTS OFFICER ) (31 Points)
02 December 2011Can I take the R and D expenditure as overhead?Is there any reference standard or Standard texts on this?
Archana Das
(CA Final student)
(622 Points)
Replied 02 December 2011
it depends on the sucess or faliure of the exp incurred...seperately thr s no standard on this bt it is in bits and pieces in may AS mostly in AS-5 or 4
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