Purchase of TDs Software Accounting Treatment

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 June 2010 Purchase of TDs Software RS 2100 What is Account Treatment It is book as Fixed Assests or Put in It Maintaince Expence
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
24 June 2010 Since the value below Rs.5000 it can be expenses it off more over TDS softwares are valid only the particular year , next year veriosn and provision keep on changing better you book as expenses
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
24 June 2010 Agree. Next year you will have to pay renewal fees again. So book it as expenses.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
24 June 2010 iT WILL BE EXPENSED.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 June 2010 Thank sir,

can u please tell me under which head i expences out like it Maintaince or any other expences
Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
24 June 2010 Computer Maintainance.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 June 2010 Thank you Sir
Profile Image

Venkat Rao Marella

Profile Image

Venkat Rao Marella (Expert)
17 July 2010 Book that under software charges. will match the purpose (that's actually a software licence for 1 yr).
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links