treatment of cost of licence for electricity company

CA Mallika Chaudhary (CWA Final and CA) (418 Points)

06 February 2009  

Hi! Actually,I have a query related to the calculation of capital base incase of electricity companies. I wanted to specifically ask about the treatment of "cost of licence fees" ... will it be included while calculating the capital base?and if yes...then what will the exact treatment be?
Thanks and regards,
Mallika,PCC-attempt due in June'2009