https://www.taxtmi.com/highlights?id=27216 Expenditure incurred on Antivirus software and switches treated as capital expenditure eligible for depreciation @ 60% - there is no acquisition of any capital asset giving any advantage of enduring nature to the assessee, as these required periodical updation and constant improvement from time to time. - 100% expenditure allowed as revenue expense - AT en-us Fri, 05 Feb 2016 13:41:55 +0530 Fri, 05 Feb 2016 13:41:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27216 Expenditure incurred on Antivirus software and switches treated as capital expenditure eligible for depreciation @ 60% - there is no acquisition of any capital asset giving any advantage of enduring nature to the assessee, as these required periodical updation and constant improvement from time to time. - 100% expenditure allowed as revenue expense - AT Highlights Income Tax Fri, 05 Feb 2016 13:41:55 +0530 https://www.taxtmi.com/highlights?id=27216