MOON Ltd. is developing a new production process. During the financial year ended 31st March, 2018, the total expenditure incurred on the process was 60 lakh. The production process met the criteria for recognition as an intangible asset on 1st December, 2017. Expenditure incurred till this date was 32 lakh. Further expenditure incurred on the process for the financial year ending 31st March, 2019 was 90 lakh. As on 31st March, 2019, the recoverable amount of know-how embodied in the process is estimated to be 82 lakh. This includes estimates of future cash outflows and inflows. The expenditure to be charged to Profit and Loss Account for the year ended 31st March, 2019 is ______ lakh. (Ignore depreciation).
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