words computer package he means that they provide all the
amenities to impart computer education. They provide them teachers,
computers ... July 1989 who were working as computer
teachers. It is also admitted that the petitioner firm is rendering services
of computer
onward, even the computer software was included in the computers to be eligible to claim the depreciation at this higher rate ... training to the students in software technology. It purchased computer software and claimed the entire cost as depreciation. The assessee contended before
software development centers at Bangalore namely SSDI & ATLAV, the profits of which are claimed as exempt Under Section 10A/10B. While computing ... account of computer software. According to the AO the said expenditure was incurred by the taxpayer company on purchase of software and since
Self Financing Private Teacher vs The State Of Tamil Nadu on 11 January, 2008
Equivalent
must feel: “I must see the face of my teacher. I must go to the school and I must see my friends. I must ... those systems or those inputs. For example, teacher is an input. A computer is an input. A class-room situation is an input
depreciation
on computer peripherals/accessories ignoring that as per
the IT Rules 60% depreciation is allowable only on
computer and computer software and not on computer
peripherals and accessories.
3. The appellant craves leave for reserving the right to amend,
modify, alter
stated as "Computer including
computer software". Here it has to be noted that Depreciation Schedule under
the Income ... that the
legislature has included software with computer as capital asset and the
relevant rate of depreciation should be allowed legally Thus
stated as "Computer including
computer software". Here it has to be noted that Depreciation Schedule under
the Income ... that the
legislature has included software with computer as capital asset and the
relevant rate of depreciation should be allowed legally. Thus
directing the Assessing Officer to allow depreciation on WDV of computer
software expenditure(ground no.3).
3
3. Ground no.1 is general
regarding compute software expense being
capital expenditure or not has been put to rest by insertion of
computer "including computer ... allowable on compute
software. In view of the same, the action of the Assessing Officer in
treating computer software expenditure
