Goodwill and other Intangible Assets

abhishreshthaa

Abhijeet S
Goodwill and other Intangible assets are amortised over the assets useful life not exceeding ten years. Goodwill and other Intangibles accounted for by Quest International India Limited, a Joint Venture,is amortised in accordance with its accounting policy over a period of twenty years.


Goodwill arising on consolidation in accordance with AS-21 is amortised over 4 years at quarterly rests commencing from the quarter of recognition of goodwill.
 
Goodwill and other Intangible assets are amortised over the assets useful life not exceeding ten years. Goodwill and other Intangibles accounted for by Quest International India Limited, a Joint Venture,is amortised in accordance with its accounting policy over a period of twenty years.


Goodwill arising on consolidation in accordance with AS-21 is amortised over 4 years at quarterly rests commencing from the quarter of recognition of goodwill.

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