Trade mark expenses
This query is : Resolved
12 April 2019
Hi ,
I just wanted to know If we started a start up company then Trademark expenses incurred by us should we expense out or we have to book as asset & we have to charge depreciation on it & if yes then how many years we have to charge depreciation on it ?
I just wanted to know If we started a start up company then Trademark expenses incurred by us should we expense out or we have to book as asset & we have to charge depreciation on it & if yes then how many years we have to charge depreciation on it ?
12 April 2019
Trade mark expenses may be capitalised being an intangible asset and to be
depreciated @ 25% per annum.
depreciated @ 25% per annum.
Rajnish Singh
(Expert)
14 April 2019
Yes Mr. Warrier is correct
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