Sir,
With due respect and thankful. i am submitting below one query ,please let me know
why trademark and license is intengible assets though the defination of intengible asset mean which can not be seenable and touchable. But we can see and touch the trademark and license.
Thanking you
Yours Faithfully
Yogendra chettri
We can only see trademark or license when they are stored on a medium i.e, Paper or Cd. But what we see is only a medium, so it is considered as intangible asset.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
