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Software depreciation

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10 November 2014 freinds, if a person has purchased zen software of rs 10600 then what is the rate of depreciation on it and can it be taken as revenue expenditure and allowed in same year
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
10 November 2014 Can be revenue expenditure. Please see
CIT Vs. Asahi India Safety Glass Ltd (2011) 203 Taxman 277 (Del).

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