mr shad
(20 Points)
Replied 21 December 2023
depreciation is allowed on tangible assets used in a business, such as machinery or equipment, rather than on intangible assets like e-books. Intangible assets are often expensed rather than depreciated.
For specific and up-to-date information regarding the tax treatment of e-books and online educational materials in your jurisdiction, it's recommended to consult with a tax professional or the relevant tax authority. They can provide accurate guidance based on the latest regulations applicable to your situation.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
