Upgradation of software expenses - Capital or revenue Exp.
This query is : Resolved
04 July 2008
Upgradation of software expenses - whether it should be treated as Capital or revenue expenditure.
For instance whether expenses incurred in connection with upgradation from MS 2003 to MOS 2007 will be treated as capital or revenue.
For instance whether expenses incurred in connection with upgradation from MS 2003 to MOS 2007 will be treated as capital or revenue.
04 July 2008
The expense mentioned by you normally is charged off.
Please evaluate the upgradation under AS 26
Please evaluate the upgradation under AS 26
05 July 2008
Whether computer software is to treated as tangible or intangible asset.
As per AS 26 computer software is a intangible asset. But as per recent judgement pronounced by Supreme Court in TCS case software is to be treated as tangible asset.
further comments invited.
Whether computer software is to treated as tangible or intangible asset.
As per AS 26 computer software is a intangible asset. But as per recent judgement pronounced by Supreme Court in TCS case software is to be treated as tangible asset.
further comments invited.
03 October 2009
Hello, is this an old query still pending?????? plz send me a PM if yes.....
03 October 2009
Hello, is this an old query still pending?????? plz send me a PM if yes.....
03 October 2009
Hello, is this an old query still pending?????? plz send me a PM if yes.....
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