treatment of computer software in accounts
This query is : Resolved
06 October 2008
can software is also eligible for depreciation @60%.
May kindly clarify
May kindly clarify
06 October 2008
yes
06 October 2008
Yes, Comuter includes both Hardware and software and two are complimentary to each other and function in synchronised manner. Being the part and parcel of a system both are covered for 60% depreciation.
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