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Can Pollution Certificate be Capitalised?

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Can I Capitalise my Pollution Certificate Licence?

Can anyone please guide me.
Also tell me about Factory Licence?
Replies (4)
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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