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26 November 2010 ADOBE CS4 DESIGN STD UPG FROM CSI TO CS4 PHOTOSHOP SOFTWR PURCHASE (License Copy)whether it should be capitalized or debited to P&L
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Thrissurkkaran Ishtan

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Thrissurkkaran Ishtan (Expert)
27 November 2010 Should be capitalised, if the value is above the threshold limit (say above Rs. 5,000) policy established by the company.

The logic here is that the benefit from the software is accrued over a period of more than one year.

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