What will be accounting treatment of costs associated with
plant shutdown (once a year)? Please guide.
Regards,
Jayanta
31.12.2009
Jayanta (Service) 31 December 2009
What will be accounting treatment of costs associated with
plant shutdown (once a year)? Please guide.
Regards,
Jayanta
31.12.2009
SURENDRA KUMAR RAKHECHA (PRACTISING CA) 01 January 2010
If it is required to be shut down (for example in seasonal factories) ; then these are revenue expenses and allowable in the Income Tax Act.
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