could anyone temme the treatment for intangible assets(monthly average) treatment in electicity sum ...(accounts)..may 2010 exam!
Menu
query
Replies (1)
as per AS-26 intangible asset should be written off over a period of 10 years, (3-5 years for software and website) and the higher period could be considered if justified.
ratio of amortisation will be ratio of future economic benefit, if future economic benefits are not available then use SLM method (scrap value can be considered if it will be guaranteed)
if you have any further query you can ask??????
Recent Topics :
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
Related Topics :
CAclubindia
