disallowance of
depreciation on computer.
21. During the year under consideration, the assessee purchase
computer software on which it claimed depreciation
begins to manufacture
or produce articles or things or computer software during the previous
year relevant to the assessment year commencing ... undertaking from the
export of articles or things or computer software for a period of
ten consecutive assessment years beginning with the assessment
Aspect Software Inc., Usa vs Assessee on 18 May, 2015
IN THE INCOME TAX APPELLATE
Dcit, New Delhi vs M/S. Make My Trip India Pvt. Ltd., New ... on 25
guest house;
(iii) any office appliances including computers or computer software;
(iv) any vehicle; or
(v) any plant or machinery ... which is
allowed as deduction (whether by way of depreciation or otherwise) in
computing the income chargeable under the head "Profits
Infosys Technologies Ltd vs Bangalore Service Tax-Ii on 19 March, 2025
ST/1192/2011
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
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
