Open a new account as purchase of Computer Software in fixed assets.
Seems this will be governed by AS 26 and Intangible assets is recongnised only when following condition are sasified.
1. Identifiability
2. Control over a resoucres and
3. expectation of future economic benefts flowing to entity.
Agree with Sunil Ji
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
