Poonawalla fincorps
Poonawalla fincorps

Assets

This query is : Resolved 
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(Querist)
06 September 2012 Is tally soft will be treated as an asset?
Or it will treated as an expenses?
please do help me..
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
06 September 2012 Installation of Tally Software Treat It as Intangible Asset as Software.
& Charge Dep as 25 % as Per Income Tax Act.

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