Allocating unallocable expenses to each segment in proportion to ...
Income Tax
May 2, 2019
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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