view. Even though the Rules have
provided rate of depreciation on computer software, but that does
not lead to any kind of drawing ... nobody's case that
assessee is dealing with computer softwares or is in the business of
any related services. Rather it uses
case by disallowing differential
depreciation of Rs. 1,15,860 on Voice Recording Software License
stating that depreciation on such software license ... difference between the
computer software and the software on which the assessee is claiming
depreciation at the rate of 60%, which is merely
though the I.T. Rules allows 60% depreciation only on computer and
computer software and not on computer peripherals ... allowing depreciation on computer peripherals and accessories @ 60%,
though the I.T. Rules allowing 60% depreciation only on computer and
computer
assessee has challenged the
disallowance of depreciation on additions made to computer
software claimed at the rate of 60%.
13. Briefly stated facts ... that when
software is purchased along with computer then it forms part of
the computer, hence, eligible for depreciation
machinery and allowing depreciation at 15%
rather than depreciation rate of 60% applicable to
computer and computer software.
5. That ... unpaid service tax 31,81,878/-
iv) Depreciation on computer peripherals 5,42,487/-
3. So as it relates to the addition made
item (5) is "computers including computer software" on which rate of
depreciation has been prescribed as 60 per cent ... that of computer software. It is nobody's case that the routers or switches are
computer software. Thus we shall
Citi Financial Consumer Finance India ... vs Department Of Income Tax on 17 August, 2015
IN
integral part of computer and
computer software. The AO has allowed 15% depreciation on
UPS, on the ground that ... Scanner are
integral part of computer and computer software and eligible
for higher depreciation of 60% as applicable to computer
assessee company that
the depreciation @ 60% is admissible on computer software because
such rate has been provided in Appendix ... point No. 5
depreciation @ 60% is admissible on 'computers including computer
software'. Accordingly, the proceeding initiated
acquiring 'computers
and softwares', which were capitalized and depreciation @ 60% was
claimed thereon. The Assessing Officer proceeded to disallow the
depreciation ... software, capitalized the payment to the
computers account as the software came along with the hardware of
computers and claimed depreciation
