https://www.taxtmi.com/manuals?id=2946 Carrying amount of inventories is recognised as an expense when related revenue is recognised; write-downs to net realisable value and inventory losses are expensed when they occur; reversals of prior write-downs reduce expense when they arise; inventories allocated to other assets are capitalised and expensed over the useful life of the asset. en-us Thu, 29 Jun 2023 11:37:00 +0530 Thu, 29 Jun 2023 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2946 Carrying amount of inventories is recognised as an expense when related revenue is recognised; write-downs to net realisable value and inventory losses are expensed when they occur; reversals of prior write-downs reduce expense when they arise; inventories allocated to other assets are capitalised and expensed over the useful life of the asset. Manuals Companies Law Thu, 29 Jun 2023 11:37:00 +0530 https://www.taxtmi.com/manuals?id=2946