Expenditure on obtaining license for use of accounting software ...

Income Tax

June 18, 2020

Expenditure on obtaining license for use of accounting software - revenue or capital expenditure - the assessee has not purchased the software but has purchased the license to use this software for its accounting purposes. That is not capital expenditure but revenue expenditure.

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Expenditure on obtaining license for use of accounting software ...

Income Tax

June 18, 2020

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