Expense ceiling and accounting norms for collective investment schemes mandate scheme-paid commissions and separate development expense disclosure. Regulations set an expense ceiling and require that scheme-related commissions be paid from the scheme within regulatory limits and via a full trail commission model. Unit capital is accounted as capital under 'Sources of Funds.' Land, lease premiums and infrastructure are treated as fixed assets per AS-10 with amortisation and impairment rules. Crop and Livestock Development Expenses are disclosed separately between fixed and current assets, valued at lower of cost or net realisable value with provisions for diminution. Investments are carried at lower of cost and fair value with specified valuation bases.