software - income tax treatment

Both the income tax act and the companies act provides the depreciation rates for the purchase amount of software, so that must be treated as capital expenditure............moreover it would going to benifit u over a certain period of time which extends to more than one yr, hence capital expenditure should be assumed in this regard...........the technology being getting obsolete in few yrs would not have effect on its nature....if it gives benifit for more than yr., it sould ideally be taken as capital exp..........