Software expenses - capital expenditure OR revenue expenditure - ...

Income Tax

May 8, 2017

Software expenses - capital expenditure OR revenue expenditure - software having more than 2 years life - CIT(A) has held that expenditure on software for billet heater programming was of capital nature since it resulted into an enduring benefit to the assessee - additions confirmed - AT

View Source

← Previous Next →

Software expenses - capital expenditure OR revenue expenditure - ...

Income Tax

May 8, 2017

You may also like:

Software expenses - revenue v/s capital expenditure - software may be needed like raw material - computer software expenses were revenue in nature - HC

Software expenses - revenue or capital expenditure - real intent and purpose - expenditure incurred by the assessee on software is allowable as revenue expenditure. - AT

Media cost for import of software - Capital expenditure or revenue - Software used for duplication and licensing - expenses allowed as revenue expenditure - HC

Revenue expenditure versus capital expenditure - expenditure incurred on ERP Software – allowed as revenue expenditure - AT

Software consumable expenses – The expenditure was incurred for application software and not for system software – The software was not of enduring nature and would...

Capital or Revenue expenses – The number of entries for purchase of software tools is running into 170 - thus, the expenditure incurred by the assessee was revenue in...

Software expenditure having enduring benefit of not more than a year is revenue expenditure

Development of software - a revenue expenditure or capital expenditure? - only a revenue expenditure - HC

Expenses incurred on up-gradation of software do not result into acquisition of any asset nor acquisition of enduring benefits as software become obsolete very quickly -...

Bond issue expenses – Revenue or capital - The business had commenced much earlier and not during the year. - expenditure is revenue in nature - HC

Quick Updates: