Software expense - revenue or capital expenditure - fast ...

Income Tax

May 30, 2018

Software expense - revenue or capital expenditure - fast changing technology, software has to be regularly updated so as to keep pace with the changing technology - the expense does not add to or expands the profit making apparatus of the assessee - thus revenue in nature - HC

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Software expense - revenue or capital expenditure - fast ...

Income Tax

May 30, 2018

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