Illustration 6

Accountancy

Sir, In the Questions its mentioned that there will be no FEB in year 4, Why did we charge 3rd year amortization cost(30L) too along with the 4h year's 15L?? [Video Time Stamp: 16:20] Video Details ------------- P1 - Accounting Standards - CA Inter AS 26 - Intangible Assets #6. Illustrations 1 to 6

Jagadeesh Jaidev

CA Inter

★ 645

28-Feb-26 00:57

105

Answers (1)

Because no benefit in year 4. So all benefits exhausted in year 3. Hence entire amount written off.

CA Suraj Lakhotia

Admin

28-Feb-26 06:16