Software Expenses Recognized as Revenue Expenditure Based on Intent, Affecting Income Tax Treatment.

Software Expenses Recognized as Revenue Expenditure Based on Intent, Affecting Income Tax Treatment. https://www.taxtmi.com/highlights?id=4262 Software expenses - revenue or capital expenditure - real intent and purpose - expenditure incurred by the assessee on software is allowable as revenue expenditure. - AT en-us Wed, 04 Jul 2012 12:49:13 +0530 Wed, 04 Jul 2012 12:49:13 +0530 TaxTMI RSS Generator Software Expenses Recognized as Revenue Expenditure Based on Intent, Affecting Income Tax Treatment. https://www.taxtmi.com/highlights?id=4262 Software expenses - revenue or capital expenditure - real intent and purpose - expenditure incurred by the assessee on software is allowable as revenue expenditure. - AT Highlights Income Tax Wed, 04 Jul 2012 12:49:13 +0530 https://www.taxtmi.com/highlights?id=4262