Section 11(2)(iv) in The Cost Accounting Records (Petroleum Industry) Rules, 2002

[Cites 0, Cited by 0] [Section 11(2)] [Section 11] [Entire Act]

Union of India - Subsection

Section 11(2)(iv) in The Cost Accounting Records (Petroleum Industry) Rules, 2002

(iv)there is a reasonable indication that current and future research and development costs to be incurred on the project together with expected production, administrative and selling costs are likely to be more than covered by related future revenues or benefits; and

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Union of India - Subsection

Section 11(2)(iv) in The Cost Accounting Records (Petroleum Industry) Rules, 2002