Cost of Branding

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Cost of Branding
Query (Issue) Started By: - Pullikalu venkateswara reddy Dated:- 26-6-2011 Last Reply Date:- 28-6-2011 Income Tax
Got 1 Reply
Income Tax
Cost of the Branding in the First .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... year of Business, Can it be treated as Intangible Asset ? Reply By Rama Krishana: The Reply: An asset which endeavor benefits during the next years would be treated at capital asset. If you have in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... curred some expenditure on branding or promotion of business during the first year, same cannot constitute Intangible asset. In my view it is revenue expenditure.
Discussion Forum - Knowledge Shar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X