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Intangible asset

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I install booths for govt. agencies free and I earned by putting advertisement on their booths. can I treat it as intangible asset and claim depreciation.
Replies (4)
No, you can not treat intangible assets
It should be tangible
This is not your assets
Intangible assets is a non physical asset that has a multi period of useful life
now as per your question you say you install booths for government means the booth are of government not yours means it's their assets
not asset in your hand
and advertisement become asset in rare case when it is in logo
or other long term branding investment then


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