Board Thread:Versus Debates/@comment-26388300-20160301040622/@comment-5936871-20160402201708

Once Hashirama started funneling his chakra into the lower half of Madara's severed body Hagoromo appeared stating he could appear because of Asura, Indra, and Kurama's chakra. So it's likely that Hashirama still has it, regardless, Hashirama's cells would still contain Asura's chakra because they came from his original body which had the chakra. I mean, Madara's original eyes still had both Indra and Asura's chakra in them (AKA Hagoromo's chakra) despite him being a previous transmigrant. So even though Asura and Indra's chakra does move on it appears that it simply replicates itself and moves on from the deceased individual since their bodies still have it.