Define Amortization & Impairment?
- 2 Answers
- 8810 Views
- Deloitte, TR, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / afridi
1. The paying off of debt in regular installments over a
period of time.
2. The deduction of capital expenses over a specific period
of time (usually over the asset's life). More specifically,
this method measures the consumption of the value of
intangible assets, such as a patent or a copyright.
impairment
Reduction in a firm's capital as a result of distributions
or losses.
| Is This Answer Correct ? | 32 Yes | 8 No |
Answer / ravindra k. singh
Depreciation and amortization are types of tax deductions
used in a business venture. Depreciation applies to
tangible--that is visible, touchable--property like
buildings. Amortization applies to intangible property like
the good will associated with a well-known business name or
a recognized trademark. Amortization also carries an
additional meaning of paying off debt in installment
payments, such as with a mortgage.
| Is This Answer Correct ? | 4 Yes | 0 No |
what is city commodity tax
what is differed tax liability/asset? how it is to be calculated?
Hello,Please Tell me about E1 form.
What is the procisure of sales tax return if i want to file return what i do .
Rules Ammended for issue of C form in 2009
what is the size of balance sheet ?
Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.
anybody pls tell me about the service tax
what is excise return, what is form requirement and what is procedure for excise return?
V R MAKING COMMERCIAL CUM EXCISE INVOICE,THEN HOW INVOICE NUMBER CAN BE GIVEN COMBINDLY OF TAX INVOICE/RETAIL INVOICE AND EXCISE INVOICE.
What dou mean by work contract?with example?
Briefly Explanation of Entry Tax when we pay the Entry Tax
Audit 
