Menu
Change in accounting estimate in case of intangible assets
how will we amortize the assets when there is a change in accounting estimate. because assets depreciates on the basis of consumption pattern. the effect of change will occure retrospectively or prospectively?
Replies (1)
Effect of a change in accounting estimate is to be given prospectively.
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
