All Respected Members,
Please educate me that if we purchase antivirus software for 1 year validity, how will it be considered ? It will consider expense or assets? If it will be considered assets, can we record as office equipment?
Thanks in advance for your precious time and efforts to reply this query.
Kind response awaited from Aakrash Sir.
Because it is short lived. Its an operating expense.
It's maintenance head
CAclubindia
