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Urgent accounting query

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(Querist)
24 July 2014 Please state how to treat Lump-sum Royalty paid by Indian Pvt Ltd Company in books of accounts
(as per AS; as per IT)
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 July 2014 for royalty refer as 26 on intangible asstes.

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