Allocating unallocable expenses to each segment in proportion to ...

Allocating Unallocable Expenses Requires Tailored Approach; Consider Expense Nature and Appropriate Allocation Key Over Sales Ratio.

May 2, 2019

Case Laws Income Tax AT

Allocating unallocable expenses to each segment in proportion to segmental turnover to total turnover - all common expenses cannot be apportioned in the universal ratio of sales or gross revenue from different segments, each having its own separate features and characteristics - One can logically make allocation depending upon the nature of expenses and appropriate allocation key.

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Allocating unallocable expenses to each segment in proportion to ...

Allocating Unallocable Expenses Requires Tailored Approach; Consider Expense Nature and Appropriate Allocation Key Over Sales Ratio.

May 2, 2019

Case Laws Income Tax AT

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