dep on software
Preety Acharya (85 Points)
27 September 2017
Software purchase during the year classified under intangible assets or computer.
6 Replies
chamarthi venkatesh
(Student CA Articleship)
(848 Points)
Replied 27 September 2017
Depreciate @ 60%
chamarthi venkatesh
(Student CA Articleship)
(848 Points)
Replied 28 September 2017
Direction on computer software is 60%
Computer software” means any computer programme recorded on any disc, tape, perforated media or other information storage device.
Computer software” means any computer programme recorded on any disc, tape, perforated media or other information storage device.
Ashwin Kumar
(1234 Points)
Replied 28 September 2017
Under computer and softwares block deep @ the rate of 60% provided used for more than 180 days until the end of the accounting year if not then only 30%
Yash Chawda
(300 Points)
Replied 28 September 2017
60% incl in the defination of computer so same rate
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