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Computer software expemses

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23 July 2014 i want to ask that after amendment in F.A.2012 which states that software expense will be treated as royalty, does we should capitalise that expense or charge it to the P&L acc.?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
23 July 2014 that is for income tax purpose for accounts u need to follow as 26 in case of intangible assets.
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