Register now or log in to join your professional community.
if, after handing over the property to proposed client ,we incure some expenses related to construction the treatment will be,1) capiat nature2) revenue nature ?
Answer: 2) revenue nature.
It depends on the nature of the expense it self.. What is the clear type of this expense and How much amount, according to materiality principle it could be different .
2) revenue nature , according to me.
