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Intangible assets are fixed assets

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(Querist)
04 March 2014 Dear All,

I have a question on assets. Does all intangible assets comes under fixed assets? or do we have any intangible asset which is not a fixed asset
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
04 March 2014 As per rev sch VI all intangible have to be presented in fixed assets only....
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gayathri

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gayathri (Querist)
04 March 2014 AS-10 accounts for fixed assets. Does this standard also includes intangible assets
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
04 March 2014 AS deals only with tangible fixed assets and for intangible u can refer AS 26
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gayathri

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gayathri (Querist)
04 March 2014 Explain in brief which standards deal with capitalisation of software development costs? how to account for?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
04 March 2014 AS 26 deals with cap of software....
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gayathri

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gayathri (Querist)
04 March 2014 Thanks for your quick reply sir
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
04 March 2014 m not sir your are welcome gayathri...
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
04 March 2014 m not sir your are welcome gayathri...
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