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[4 Feb 2009 | 2 Comments | 1,758 views]

Could any body tell me that as per the IFRS what will be treatment of the administrative expenditure (revenue expenditure) before the commencement of business, Will it be treated as revenue expenditure and come in P&L A/c or it will come under the definition of capital expenditure bcoz we have expensed it before the commence ment of busineess?

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