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stock and Rs. 1,79,068 on account of depreciation on computer software which was allowed at 25% instead of 100% as claimed

issue in Ground No.4 is related to the depreciation on computer software. This issue is involved for the AYs.2011 ... settled issue that the computer software is not intangible asset and forms part of the computer. Therefore, we hold that

relating to depreciation on software submitted that computer includes computer software and hence ample for depreciation ... contention that the computer includes computer software and, therefore, eligible for depreciation of 60%. There is a separate entry in Income

integral part of the computer system under the block "Computer including software". The computer peripherals so includes ... computers including computer software. Notes 7 below the table provides "Computer software" means any computer

erred in allowing depreciation on computer software of Rs.1.11 crore ignoring the facts that no TDS was deducted and therefore

stated that software is often divided into two categories i.e. system software and application software and this software is nothing but license granted ... hardware. The AO divided the software into two categories i.e. system software and application software and this software is nothing but license granted

Kausalya Maruthachalam vs The Deputy Commissioner Of Income Tax ... on 30 November, 2022 Author: Mohammed

issue of capital subsidy, disallowances of gratuity and additional depreciation on computer software. The appeals against the order of the CIT under Section

shall have   photocopying   facility   and   computer   with internet facility for the use of faculty and student­ teachers. . (c) There shall be a science ... hardware and software facilities for rlanguage learning. (f) There shall be Educational Technology facilities with hardware   and   software   including   computers,   TV, Camera

capitalizing intangible assets such as computer software licenses, wherein it had clearly explained its stand that software licenses, having an enduring benefit ... submission dated 27 July 2015 for claim of depreciation on computer software at 60 percent. Thus, the assessment had thus been completed under