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Regarding fixed assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2013 IF WE HAVE PURCHASE A SOFTWARE BUT AFTER TWO YEAR WE HAVE ENHANCE THE SOFTWARE.

MY QUERY IS THAT WHETHER WE SHOULD CAPITALIZED THE AMT OR DIRECTLY BOOK THE EXPENSES.

ALSO ADVISE IF WE HAVE TO CAPITALIZED THE AMT THE TDS APPLICABLE OR NOT AS PARTY ADDED SERVICE TAX IN BILL ???
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Nitesh Parmar

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Nitesh Parmar (Expert)
20 September 2013 Yes capitalise it and tds required to deduct.

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