Suppose, Company A is aquiring only employees of Company B for payment of 10Cr which is valid for more than 2 years. My Question is can we capitalise this expense as Intangible Asset??
Menu
Aqui Hiring
Replies (3)
Quick Summary
Nice question. It can be capitalised as no special provision in AS 26. But Indas has separately identifiable criteria to be met and there also we can capitalise. US gaap is bit complex and an article says it's valued on cost basis. The above also initially measured at cost basis. Then they must be specialists cause normal salaries/overheads are expensed as usual. It's bit complex
It can be capitalised as no special provision in AS 26. But Indas has separately identifiable criteria to be met and there also we can capitalise. US gaap is bit complex and an article says it's valued on cost basis. The above also initially measured at cost basis. Then they must be specialists cause normal salaries/overheads are expensed as usual. It's bit complex
Thank you sir
Recent Topics :
- TDS on under construction property not deducted
- GST on Fixed Assets
- GST ITC april 22
- GST PAYMENT REGARDING
- GST Consultation Required – June–Augus
- TDS Code for Salary Payment to Non-Resident Intern
- TDS on property
- Company data for software
- Car purchase to be eligible for ITC
- GST Refund on payment to builder
Related Topics :
CAclubindia
