following the erroneous direction of the DRP in recalculating depreciation
on computer software @ 25% instead of @ 60% as claimed by the
Appellant ... entitlement of the assessee
towards its claim of depreciation on computer software @ 25% instead
of 60% as was claimed by the assessee
Adani Petronet( Dahej) Port Pvt. Ltd.,, ... vs The Dy.Commissioner Of Income Tax, ... on 31
would be allowed on computers including
computer software. The said definition to include computer software was
introduced ... distinction
between the computer software perse and the license, wherein the computer
along with computer software is termed
candidate to the post of Craft Instructor/Computer
Operator & Programming Assistant)
....Applicant
(By Advocate: Mr. Ajesh Luthra)
Versus
1. Govt ... further consider and
appoint the applicant to the post of Craft Instructor, Computer
Operator & Programming Assistant (post code 115/14)
c) Accord
erred in treating the capital expenditure on the
computer software development expenses of Rs.49,02,820/- as
revenue expenditure without appreciating ... appreciating the fact that the computer software
& peripherals on which the assessee has claimed depreciation &
60% is in actuality an intangible
that during the assessment
proceedings Ld. A.O allowed depreciation on computer software
claimed @25% as against 60% claimed by the assessee. Aggrieved ... assessee stated that the assessee has
claimed depreciation on computer software @60% since software is
26
KIFS Securities Ltd & Khandwala Integrated Financial
following the erroneous direction of the DRP in recalculating depreciation
on computer software @ 25% instead of @ 60% as claimed by the
Appellant ... software expenses on up gradation of its existing software
namely MFGPRO, MS-office, etc and claimed depreciation @ 60%
as applicable to computer software
computer
software without appreciating the fact that any computer
software embaded with computer system is an integrated
computer ... various assets, including computer and computer software, as
per which software is eligible for higher depreciation at 60%.
The computer
amount
computed by the Appellant.
GROUND VI:
Disallowance of depreciation on opening WDV of computer software ... directed to treat computer and computer
software under one block namely 'computers' and, after which there will
amount
computed by the Appellant.
GROUND VI:
Disallowance of depreciation on opening WDV of computer software ... directed to treat computer and computer
software under one block namely 'computers' and, after which there will
