19 February 2014
1) If i am using Software license can i shown it as "Asset" ? 2)How do i calim depreciation for the License as per IT Act and rate of dep if applicable ?
19 February 2014
Patents, copyrights, trademarks, licences, franchises or any other business or commercial rights of similar nature are intangible assets according to section 32
19 February 2014
is there any other copy of guidelines of AS-9 which is specifically belong to SOFTWARE COMPANY (we are in software develop. & Maintainance if any CASE LAW als prefer pls.
19 February 2014
ok Fine, No Problem and one more clarification is needed:- ( Regarding AS-11 (Forex) can i capitalise Foreign Exchange Translation Loss as per AS-11 if Yes, pls refer any Supreme court case Laws