Ind as 38 intangible asset

As per Ind As 38 an Intangible Assets means , it has not any physical substance means can not seen or tuch , example Trademarks , Goodwill etc
Tangible assets ( PPE) can be seen , tuch for example Building , Plant and Machinery , Furniture etc .
So element is an Intangible Assets you can not see or tuch no physical existence .

Intangible assets are those assets which are not physical existence means which have no physical appearance but appear in the balance sheet that should be Goodwill or patent etc.