Intangible liability
This query is : Resolved
24 October 2009
Dear sir/madam,
Please give explanation about the when intangible liability arise and what is clear definition regarding this
Dear sir/madam,
Please give explanation about the when intangible liability arise and what is clear definition regarding this
24 October 2009
Sir,
The term "intangible" refers to something which does not have physical presence, but posesses economic value.
Example of intangible assets is goodwill etc.
Going by the literal interpretation, may be, all liabilities are intangible, as they lack physical form.
The term "intangible" refers to something which does not have physical presence, but posesses economic value.
Example of intangible assets is goodwill etc.
Going by the literal interpretation, may be, all liabilities are intangible, as they lack physical form.
24 October 2009
Thanks for u r message but i expect some more explanation
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- Confusion around Form 26QB fields
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Sale of property furniture sale
- Return material
- TDS is applicable on payment of Fix Meal
- Form ITC 04
- TDR receipts for agreement holder
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
