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Computer software

This query is : Resolved 

12 November 2016 hi sir/mam,

computer software is it comes under fixed assets (e.g. Tally software)

thanks
prameela

12 November 2016 Yes it will come under intangible assets and can be depreciated over a period of 5 years.

12 November 2016 Tally software can be considered as Fixed Asset.




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