Computer software can i treated as assets
This query is : Resolved
22 March 2012
Buying of computer software(ms office 2010) can i treated as assets in the computer head or treated as expenditure
kindly advice me
regards
alagesan.m
kindly advice me
regards
alagesan.m
22 March 2012
Yes it can be treated as an asset and depreciation can be claimed on such asset.
22 March 2012
Please read the write up in https://www.caclubindia.com/judiciary/computer-software-revenue-or-capital-expenditure--352.asp
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