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Software purchase

This query is : Resolved 
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(Querist)
18 August 2016 All dear sir i want to know software purchase for office work comes under in which head in tally .
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Amol S Joglekar

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Amol S Joglekar (Expert)
18 August 2016 You can put it under intangible Asset... (You may create a new group under Fixed Asset.).
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
18 August 2016 IF the value of Software is less than Rs.5000/- no need to capitalize.
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