Can I Capitalise my Pollution Certificate Licence?
Can anyone please guide me.
Also tell me about Factory Licence?
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Can Pollution Certificate be Capitalised?
Replies (4)
Quick Summary
Not possible.
Which kind of licence can be capitalised under Intangible assets
Only long term expenses and which gives benefit to the organisation in terms of cash inflow or assets. Licenses are intangible assets if they dont expire within a year
Thank you so much , same answer as per AS26
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