Depriciation on application software

This query is : Resolved

Vikas Agarwal (Querist)
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21 July 2009 Whether Application Software charges are to be captilised or charged to Profit and loss account.

Aditya Maheshwari (Expert)
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21 July 2009 Capitalise if one time fees and if renewable every year or for a certian period then revenue.

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