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(Querist)
28 July 2012 Whether TALLY ERP 9 SOFT WARE is treated as intagible asset?
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CA Karun Gupta

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CA Karun Gupta (Expert)
28 July 2012 For Depreciation purposes, it should go to ' Computer and Computer Software' and chargeable to depreciation at 60%.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
28 July 2012 It is not an Intangible asset. it comes under Computer software




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