Msme- plant and machinery

Vinay Kumar (Chartered Accountant) (90 Points)

23 April 2019  

There is a software industry registered under MSME which wants to purchase software for the purpose of rendering of service. My query is whether such softwate purchased will be included in the total investment maed in Plant & Machinery as per the MSME Act ? Since there is no definition provided in MSME for Plant and Machinery.