13 May 2008
The company acquired industrial license from Govt to produce certain commodities. How to depreciates / amortised the license amount as there is no specific usage period. There is no specific rates in schedule XIV. Cost of License is in Lacs
13 May 2008
the govt is issued license to produced certain commodities for how many years license is issued you are ammortnised this amount over the license period
CAclubindia
