Purchase of Linux Software - Capital or Revenue Expenditure
This query is : Resolved
30 November 2009
Whether purchase of Linux Software to be treated as Revenue Expenditure or Capital??
HUZAIFA HUSSAIN
(Expert)
30 November 2009
IT IS A CAPITAL EXPENDITURE
30 November 2009
As per Amway India purchase of Windows is considered as revenue expenditute then why purchase of linux to be considered as capital expenditure
CA. B.SRINIVASULU
(Expert)
01 December 2009
The software licence once purchased should be used by the same person. It do not have a resale value because it cannot be transferred. Therefore it should be treated as revenue expenditure.
09 August 2023
Its revenue expenditure, can be amortized upto its life period.
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