https://www.taxtmi.com/acts?id=20023 Principles and methods for determining administrative overheads cover classification, measurement, assignment, presentation and disclosure for cost statements. Administrative overheads exclude production, marketing and finance costs and abnormal administrative costs. Measurement aggregates resource consumption and applies element specific standards, treats operating and finance leases distinctly, amortises software, values outsourced services at invoice/net of recoverable taxes, and deducts subsidies/grants and recoveries. Assignment requires traceability and uses cause and effect or benefits received principles, with shared services allocated by usage and general management costs apportioned on rational bases. en-us Fri, 11 Sep 2015 17:47:46 +0530 Fri, 11 Sep 2015 17:47:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20023 Principles and methods for determining administrative overheads cover classification, measurement, assignment, presentation and disclosure for cost statements. Administrative overheads exclude production, marketing and finance costs and abnormal administrative costs. Measurement aggregates resource consumption and applies element specific standards, treats operating and finance leases distinctly, amortises software, values outsourced services at invoice/net of recoverable taxes, and deducts subsidies/grants and recoveries. Assignment requires traceability and uses cause and effect or benefits received principles, with shared services allocated by usage and general management costs apportioned on rational bases. Act-Rules Companies Law Fri, 11 Sep 2015 17:47:46 +0530 https://www.taxtmi.com/acts?id=20023