Windows Server 2003 and Adobe Photoshop expenses deemed capital due to long utility life for tax purposes. https://www.taxtmi.com/highlights?id=20660 Windows Server, 2003 and Abode Photoshop software - first one is an operating system and the second one is application software - Both the softwares are also having fairly long utility life - the expenses incurred in acquisition of the softwares is capital in nature - AT en-us Thu, 13 Nov 2014 10:19:55 +0530 Thu, 13 Nov 2014 10:19:55 +0530 TaxTMI RSS Generator Windows Server 2003 and Adobe Photoshop expenses deemed capital due to long utility life for tax purposes. https://www.taxtmi.com/highlights?id=20660 Windows Server, 2003 and Abode Photoshop software - first one is an operating system and the second one is application software - Both the softwares are also having fairly long utility life - the expenses incurred in acquisition of the softwares is capital in nature - AT Highlights Income Tax Thu, 13 Nov 2014 10:19:55 +0530 https://www.taxtmi.com/highlights?id=20660