AS 26 INTANGIBLE ASSETS

Accountancy

Why goodwill is not covered under AS 26 , As it is also a intangible asset.

Venkatesh Arva

CA Inter

★ 2K+

24-Jan-25 11:48

399

Answers (1)

Because it cannot be separated and sold. For AS 26, intangible asset must be separable.

CA Suraj Lakhotia

Admin

24-Jan-25 12:03