where the Tribunal has allowed 60% depreciation on UPS as applicable to
computer software.
24. Mr. M.Swaminathan, learned Senior Standing Counsel ... identical issue and
held that UPS is part of computer and eligible for depreciation @ 60% and directed
the Assessing Officer to allow
where the Tribunal has allowed 60% depreciation on UPS as applicable to
computer software.
24. Mr. M.Swaminathan, learned Senior Standing Counsel ... identical issue and
held that UPS is part of computer and eligible for depreciation @ 60% and directed
the Assessing Officer to allow
where the Tribunal has allowed 60% depreciation on UPS as applicable to
computer software.
24. Mr. M.Swaminathan, learned Senior Standing Counsel ... identical issue and
held that UPS is part of computer and eligible for depreciation @ 60% and directed
the Assessing Officer to allow
disallow of claim of deduction of gratuity and additional depreciation on the
computer software and he thus issued notice dated 3.1.2013 under section ... record. Lastly, even viz-a-viz the additional
depreciation it was submitted that computer software also constituted plant and
machinery which
directing to verify and allow depreciation on
software licence @ 60% if the same is an application software without
appreciating the fact that the assessee ... software and further classified the same as "intangible asset" in the
books of the assessee, as such the depreciation rates as applicable
directing to verify and allow depreciation on
software licence @ 60% if the same is an application software without
appreciating the fact that the assessee ... software and further classified the same as "intangible asset" in the
books of the assessee, as such the depreciation rates as applicable
directed to treat computer and
computer software under one block namely computers and after which
there will ... head computers and depreciation @ 60%
is allowable on the same.
3. The Appellant therefore prays that, depreciation on computer
software
directed to treat computer and
computer software under one block namely computers and after which
there will ... head computers and depreciation @ 60%
is allowable on the same.
3. The Appellant therefore prays that, depreciation on computer
software
allowing depreciation at 25% has no basis, in view of 60% depreciation
being allowed on computers and computer software ... Schedule to IT Rules, 1962.
'Computers including computer software" are eligible for depreciation @
60 %. As per Note
Dy.Commissioner Of Income Tax, ... vs M/S. Acalmar Oils & Fats Ltd.,, ... on 21
