Computer software
This query is : Resolved
21 January 2016
Is purchase of computer software a capital expenditure or revenue expenditure.
21 January 2016
Dear Ankit
It is a revenue expenditure as from finance act 2012 the section 9 was amended hence it is now a revenue expenditure
It is a revenue expenditure as from finance act 2012 the section 9 was amended hence it is now a revenue expenditure
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