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Sir, Why Degeneration is covered in AS 41 Biological transformation. Video Details Ind AS - CA Final Ind AS 41 Agriculture 1. Scope & Key Definitions

Vanacharla Sai Pavan Kumar

CA Final

★ 8K+

04-May-24 20:30

Answers (1)

degeneration/death is also a biological process. For some specific biological assets, after death, some value may be derived - for e.g leather.

CA Suraj Lakhotia

Admin

07-May-24 14:40

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