software and
period or duration of software license. Accordingly, the assessee claimed
that the payment made for securing licences of such software cannot be
classified ... depreciation should be
allowed at the rate of 60% considering the same as "computer including
computer software. In contending
software and
period or duration of software license. Accordingly, the assessee claimed
that the payment made for securing licences of such software cannot be
classified ... depreciation should be
allowed at the rate of 60% considering the same as "computer including
computer software. In contending
software and
period or duration of software license. Accordingly, the assessee claimed
that the payment made for securing licences of such software cannot be
classified ... depreciation should be
allowed at the rate of 60% considering the same as "computer including
computer software. In contending
M/S Dell International Services India ... vs Additional Commissioner Of Income Tax ... on 7 August
block of assets termed as Computers including computer software' and is
eligible for depreciation at the rate of 60 percent ... assets termed as 'Computers including Computer software', without
considering that the excess depreciation of such assets have been already
M/S. Bain & Company India Pvt. Ltd., ... vs Ito (Tds) (International Taxation), ... on 10
Dy.Commissioner Of Income Tax, ... vs M/S. Acalmar Oils & Fats Ltd.,, ... on 21
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
services
outside India and hence income from providing onsite development
of computer software is not eligible for deduction u/s.10A .
47. Similar issue ... unabsorbed depreciation of earlier years against the business
income, short term capital gain and income from other sources in
computing total income
Sesa Goa Limited., Panaji vs Assessee on 18 July, 2014
IN THE INCOME TAX APPELLATE
