alleryStart learning →Costs of disposal under Ind AS 36 exclude which two items?
ALegal costs and stamp duty
BTransaction taxes and survey fees
CRemoval costs and legal fees
DFinance costs and income tax expense
Answer & Solution
Correct answer: D. Finance costs and income tax expense
Costs of disposal are incremental costs directly attributable to disposal, excluding finance costs and income tax expense.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
Browse all Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets questions for CA Final, or explore more Financialreporting topics.
Related questions
With no active market now, a revalued intangible is carried at what?Prior recoverable amount may be reused if the margin was what?Acquired intangibles that cannot be recognised separately go where?Costs of an entity's own website at the planning stage are treated how?The best estimate of a recognised website's useful life should be what?A website from development is recognised only if it meets what?To assess impairment of an intangible asset, which Ind AS is applied?How may a nominal-cost government grant intangible be measured?