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
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
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
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
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
purchased computer software separately and
independently from the computer purchases. The software purchased by the
appellant is not system software ... definition of computer software and is
equally applicable to both types of softwares i.e. system software and application
software. However, from mention
submitted that computer software that if the
software is embedded in computer hardware itself then only
depreciation would be allowed ... item of computers including computer software has been
No. 5,item be
prescribed for depreciation rate of 60% which has been
depreciation on computer software @60%
classifying the computer software as "computers and computer software,
falling within ... computers including
computer software. Note-7 states that computer software means any computer
programme recorded
