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Purchase of TDs Software Accounting Treatment

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 June 2010 Purchase of TDs Software RS 2100 What is Account Treatment It is book as Fixed Assests or Put in It Maintaince Expence

24 June 2010 Since the value below Rs.5000 it can be expenses it off more over TDS softwares are valid only the particular year , next year veriosn and provision keep on changing better you book as expenses

24 June 2010 Agree. Next year you will have to pay renewal fees again. So book it as expenses.


24 June 2010 iT WILL BE EXPENSED.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 June 2010 Thank sir,

can u please tell me under which head i expences out like it Maintaince or any other expences

24 June 2010 Computer Maintainance.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 June 2010 Thank you Sir

17 July 2010 Book that under software charges. will match the purpose (that's actually a software licence for 1 yr).




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