Intangible assets are fixed assets


This query is : Resolved 

(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

04 March 2014 As per rev sch VI all intangible have to be presented in fixed assets only....

gayathri (Querist)
04 March 2014 AS-10 accounts for fixed assets. Does this standard also includes intangible assets

04 March 2014 AS deals only with tangible fixed assets and for intangible u can refer AS 26

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

04 March 2014 AS 26 deals with cap of software....

gayathri (Querist)
04 March 2014 Thanks for your quick reply sir

04 March 2014 m not sir your are welcome gayathri...

04 March 2014 m not sir your are welcome gayathri...


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