in AS-2, you must have read that depreciation on fixed assets used for production (ex. plant & machinery, factory building etc) is considered as a coversion cost and is added to the cost of inventory.

justification:- without incurring this depreciation (i.e. without using the production assets) the finished goods cannot be produced

same is the case of AS-26, with regard to treatment of amortization of Intangible asstes used in production process

Thank you ....

May i know what type of intangible asset we can use in production process please??

like softwares