Expenditure incurred on Antivirus software and switches treated ...

Antivirus Software and Switches: Capital Expenditure with 60% Depreciation but Fully Allowed as Revenue Expense Due to Updates.

February 5, 2016

Case Laws Income Tax AT

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

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Expenditure incurred on Antivirus software and switches treated ...

Antivirus Software and Switches: Capital Expenditure with 60% Depreciation but Fully Allowed as Revenue Expense Due to Updates.

February 5, 2016

Case Laws Income Tax AT

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