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Capitalisation of software

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 May 2014 Software is purchased and along with software, Maintenance of Software for 1 year is also given with some additional cost. Can the maintenence cost be capitalised?
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Vishnu Saboo

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Vishnu Saboo (Expert)
27 May 2014 Maintenance cost must not be capitalized in my opinion.
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Rupesh Jain

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Rupesh Jain (Expert)
28 May 2014 it is AMC/ or annual licence fee then it is revenue exp. not the capital exp.
you can deduct TDs u/s 194C
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