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Acquihiring

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(Querist)
23 September 2022 Suppose, Company A is aquiring only employees of Company B for payment of 10Cr which is valid for 2 years. My Question is can we capitalise this expense as Intangible Asset??
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 September 2022 Treat it as capital expenditure and charge it off over a period of two years.

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