computers are office
equipment and separate rate of depreciation is allowed under the
depreciation schedule. Accordingly he took the view that the
computers ... business of computer
software, which is different from article or thing. The words
"computer software" have been used
Gujarat Urja Vikas Nigam Ltd.,, Baroda vs Dy. Commissioner Of Income Tax,, Baroda on 22
payment to the computers account as the software came
along with the hardware of computers and claimed
depreciation. On the ground ... appeal:
Held, (i) that mere purchase of software, a copyrighted
article, for utilisation of computers cannot be considered as
purchase of copyright
boxes under
Remote terminal units/intelligent electronic devices,
computer hardware/software, router/bridges, other
required equipment and associated communication
systems for supervisory control ... following.
"Remote terminal units/intelligent electronic devices,
computer hardware/software, router/bridges, other
required equipment and associated communication
systems for supervisory control
software, capitalized the
payment to the computers account as the software came
along with the hardware of computers and claimed
depreciation ... appeal:
Held, (i) that mere purchase of software, a copyrighted
article, for utilisation of computers cannot be considered as
purchase of copyright
than 800
employees and have around 800 computers.
The details of computer software submitted by the appellant
reveals that expenditure ... income tax
act, software has been clubbed with computers for
depreciation purposes and therefore, software expenses are
capital in nature. On the other
computer software expenditure amounting to Rs. 58,82,239/- was capital
expenditure. The Assessing Officer after treating the computer software ... depreciation @ 60% on the same as
applicable to the computers. On appeal, the C IT(A) held that Computer
Software expenditure
software
used in the ATM is also the same software which is used in the
computer. We also find that similar issue ... office equipment would be
eligible for depreciation only at 15%. Similarly, he disallowed
the claim for depreciation on software licence on the ground
that
respect of disallowance of depreciation of Rs. 10,35,657 on computer
software is against law, facts of the case and weight ... sustaining disallowance of depreciation of
Rs.10,35,657 on the ground that amount paid to obtain computer software
has been held
software, capitalised the payment to the computers account as
the software came along with the hardware of computers and claimed depreciation ... copyrighted software, which does not involve any commercial
exploitation thereof. The assessee simply purchased software delivered along with
computer hardware for utilisation
