Clarification Accounting Standards (AS) 10 Capitalization of Cost- regarding.

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....holders. Subject: Clarification Accounting Standards (AS) 10 Capitalization of Cost- regarding. Sir, Government has received a number of representations seeking clarifications on capitalization of costs in cases of Competitive Bid power projects. The clarifications sought were with regard to capitalization of borrowing costs incurred during extended delay in commercial production for reasons b....

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....regard to part capitalization where some units of a project are complete. In case one of the units of the project is ready for commercial production and is capable of being used while construction continues for the other units, costs should be capitalized in relation to that part once the part is ready for commercial production. 4. It is further clarified that AS 10 and AS 16 are applicable irres....