Capitalisation or charge to p & l


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 December 2013 i have purchase a new software for Rs. 75000 then what i can capatalise or charge to p&l.if capatalise then what percentase?

04 December 2013 treat it as intangible asset and amortize over the period of licence

hshivakumar (Expert)
04 December 2013 intangible assets 25%


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