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Accounting treatment

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(Querist)
22 March 2017 A co. pays Rs. 1800000/- to another co. for modification in his accounting software to enabling his accounting according to GST.
Whether this expense should be charged to p&l or capitalise or treat as deferred revenue expenditure.

Please suggest
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Sandeep Dharar

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Sandeep Dharar (Expert)
24 March 2017 U must capitalise that amount. U must transfer that amount to computer(Assets).

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