What is amortization policy on the content cost...??
Thank you in Advance...!!
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 17 July 2020
Hi, did you mean costs to prepare financial statements?
Only preliminary expenses, intangible assets; develop costs and borrowing costs are capitalised and amortised. I think, to make content, it falls under payroll costs.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)