Capitalize or charge out

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Capitalize or charge out

Ahmadraza
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10-30-2007, 07:17 PM

Asalamu alaikum

I want to know that the cost incurred for building a prototype or model of a housing scheme to be displayed at their sales center would be capitalized or this should be charge out.

please guide in light of IASs,

if this cost needs to be charge out, can we deferr this cost as
pre-commencement expenditures as defined under section 25 to the Income Tax ordinance, 2001

Regards

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Capitalize or charge out - by Ahmadraza - 10-30-2007, 07:17 PM

[No subject] - by kamranACA - 10-30-2007, 07:53 PM

[No subject] - by Schuaeb - 10-30-2007, 11:36 PM

[No subject] - by kamranACA - 10-31-2007, 04:15 PM

[No subject] - by noman - 11-01-2007, 07:31 AM

[No subject] - by Ahmadraza - 11-01-2007, 06:41 PM

[No subject] - by Schuaeb - 11-01-2007, 11:54 PM

[No subject] - by Schuaeb - 11-02-2007, 12:31 AM

[No subject] - by kamranACA - 11-04-2007, 02:55 AM

[No subject] - by Ahmadraza - 11-05-2007, 03:01 AM

[No subject] - by Schuaeb - 11-05-2007, 08:17 PM

[No subject] - by kamranACA - 11-05-2007, 11:43 PM

[No subject] - by Schuaeb - 11-06-2007, 11:01 PM

[No subject] - by kamranACA - 11-07-2007, 01:31 PM

[No subject] - by Schuaeb - 11-07-2007, 10:07 PM

[No subject] - by kamranACA - 11-08-2007, 03:51 PM

[No subject] - by Schuaeb - 11-14-2007, 09:45 PM

[No subject] - by kamranACA - 11-14-2007, 10:01 PM

[No subject] - by Schuaeb - 11-18-2007, 12:34 AM