facts and in the circumstances of the
case, depreciation on computer software is to be allowed
at 25% especially when the amendment laying ... Depreciation
Schedule provisions relating to ‘computer’ as there had been no separate
entry in respect of ‘computer software’. This claim
amount
computed by the Appellant.
GROUND VI:
Disallowance of depreciation on opening WDV of computer software ... directed to treat computer and computer
software under one block namely 'computers' and, after which there will
amount
computed by the Appellant.
GROUND VI:
Disallowance of depreciation on opening WDV of computer software ... directed to treat computer and computer
software under one block namely 'computers' and, after which there will
amount
computed by the Appellant.
GROUND VI:
Disallowance of depreciation on opening WDV of computer software ... directed to treat computer and computer
software under one block namely 'computers' and, after which there will
amount
computed by the Appellant.
GROUND VI:
Disallowance of depreciation on opening WDV of computer software ... directed to treat computer and computer
software under one block namely 'computers' and, after which there will
Cholamandalam Ms General Insurance ... vs Dcit, Non Corp Circle 8, Chennai on 19 March, 2025
Deputy Commissioner Of Incometax , ... vs Cholamandalam Ms General Insurance ... on 19 March, 2025
आयकर अपीलीय
purchased computer software separately and
independently from the computer purchases. The software purchased by the
appellant is not system software ... definition of computer software and is
equally applicable to both types of softwares i.e. system software and application
software. However, from mention
submitted that computer software that if the
software is embedded in computer hardware itself then only
depreciation would be allowed ... item of computers including computer software has been
No. 5,item be
prescribed for depreciation rate of 60% which has been
perusal of depreciation schedule noted that the
assessee-company claimed depreciation at 60% on computers
and software purchases made, claiming the same ... Appendix I, which states that
computers including computer software are entitled to
depreciation at 60%. Note 7 of the Appendix defines
