TMI BlogWindows Server 2003 and Adobe Photoshop expenses deemed capital due to long utility life for tax purposes.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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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