Capitalisation or charge to p & l

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2013 i have purchase a new software for Rs. 75000 then what i can capatalise or charge to p&l.if capatalise then what percentase?

Ganeshbabu K (Expert)
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04 December 2013 treat it as intangible asset and amortize over the period of licence

hshivakumar (Expert)
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04 December 2013 intangible assets 25%

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