Indian subsidiary company bought an asset worth Rs.3 crore from foreign parent company, which would be used as for demo(Sample) purpose. on the condition that, the said asset would be resold to the parent company after 3 years at the same amount i.e. Rs.3 Crore.
What should be the treatment for the said asset. Whether the same should be treated as;
Fixed Asset or Inventories or Current Asset.
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