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Question

Which of the following is true about amortisation of

intangible assets under Ind AS?

A Intangible assets are not amortised if indefinite life.

B All intangible assets must be amortised over 5 years only.

C Amortisation is optional for intangible assets.

D Amortisation is not allowed under Ind AS.

E Amortisation is same as revaluation reserve.

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