Hi All,
As everyone knows that there are 3 kind of Software and they are as follows:
1. Programming Software
2. Application Software
3. System Software
Can anyone tell which is to be capitalised and which has to be treated as Revenue Expenditure????? Please help me its really urgent
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Capitalisation of software
Replies (2)
I think all will be capatalised...unless any specific software for less than one year...
Is there any Case Law where certain assets have been capitalised where it had to be expensed or vice versa
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