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Showing contexts for: computer includes computer software in Honda Siel Cars Ltd., New Delhi vs Department Of Income Tax on 31 October, 2011Matching Fragments
17 I.T.A. no.383/Del./2012 & CO no.284/Del./2012 Arawali Constructions Co. (P.) Ltd. [2003] 259 ITR 30(Raj). In this judgment, it has been clearly held that expenditure on purchase of software is a capital expenditure. It may be pointed out that 'computer software', was included in the Table in Appendix I to r. 5 of the IT Rules, 1962, for and from the AY 2003-04 and the said rule provides for depreciation on software at the rate of 60 per cent.