As-26 covers technical know how

Internal Audit 587 views 2 replies

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

 

Replies (2)

Dear Amrit Sir,

yes, technical know-how is covered under AS-26 being intangible asset....

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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