If technicle know how is purchased for rs. 26 lakh. is this a valid intengible asset for capitalisation under AS-26. Please confirm
thank you
2 Replies
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 26 August 2013
Dear Amrit Sir,
yes, technical know-how is covered under AS-26 being intangible asset....
Ritzz
(CA Final - Article )
(365 Points)
Replied 26 August 2013
| Originally posted by : CA LOVELY ARORA | ||
 |
Dear Amrit Sir, yes, technical know-how is covered under AS-26 being intangible asset.... |
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