https://www.taxtmi.com/acts?id=20023 Cost Accounting Standard on administrative overheads prescribes the principles and methods for classification, measurement, assignment, presentation and disclosure of administrative overheads in cost statements. Administrative overheads are the cost of general management and administration, excluding production overheads, marketing overheads and finance costs. The standard covers measurement of such overheads, their assignment to cost objects on the basis of cause and effect or benefits received, separate presentation in cost statements, and disclosures relating to subsidies, recoveries, abnormal costs, penalties, related party services and changes in accounting principles. en-us Fri, 11 Sep 2015 17:47:46 +0530 Tue, 21 Apr 2026 10:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20023 Cost Accounting Standard on administrative overheads prescribes the principles and methods for classification, measurement, assignment, presentation and disclosure of administrative overheads in cost statements. Administrative overheads are the cost of general management and administration, excluding production overheads, marketing overheads and finance costs. The standard covers measurement of such overheads, their assignment to cost objects on the basis of cause and effect or benefits received, separate presentation in cost statements, and disclosures relating to subsidies, recoveries, abnormal costs, penalties, related party services and changes in accounting principles. Act-Rules Companies Law Fri, 11 Sep 2015 17:47:46 +0530 https://www.taxtmi.com/acts?id=20023