Dear All,
Recently we made lumpsum payment for Intellectual property rights on a software.
Can we claim depreciation U/s 32 under Block 'Intangible Assets.
Ashish M
(Chartered Accountant)
(2731 Points)
Replied 06 January 2008
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India