https://www.taxtmi.com/acts?id=20030 The standard sets principles for measurement, assignment, presentation and disclosure of Research and Development Costs, requiring inclusion of directly traceable costs or those assignable by cause and effect or benefits received, deduction of subsidies and material recoveries, exclusion of imputed costs, fines and material abnormal costs, amortisation of development-generated intangible assets, direct assignment to cost objects or exclusion from product cost if not attributable, amortisation of multi-period improvements when resulting in distinctly different products, separate presentation of improvement-related R&D in cost of production, and material, significant and quantifiable disclosures in cost statements. en-us Fri, 11 Sep 2015 17:52:32 +0530 Fri, 11 Sep 2015 17:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20030 The standard sets principles for measurement, assignment, presentation and disclosure of Research and Development Costs, requiring inclusion of directly traceable costs or those assignable by cause and effect or benefits received, deduction of subsidies and material recoveries, exclusion of imputed costs, fines and material abnormal costs, amortisation of development-generated intangible assets, direct assignment to cost objects or exclusion from product cost if not attributable, amortisation of multi-period improvements when resulting in distinctly different products, separate presentation of improvement-related R&D in cost of production, and material, significant and quantifiable disclosures in cost statements. Act-Rules Companies Law Fri, 11 Sep 2015 17:52:32 +0530 https://www.taxtmi.com/acts?id=20030