with computer as far as eligibility of depreciation is
concerned. Therefore, after 01/04/2003, computer software in the nature ... appendix applicable from AY 2006-07, depreciation on computer and
computer software is to be allowed
depreciation for less than 180 days. The AO
had allowed depreciation @20% for the use of computer software
above 180 days ... software @60% depreciation for
the use of software for more than 180 days and @30%
depreciation for the use of software for less
appendix. The depredation appendix specifically includes computer
software as part of computers eligible for depreciation at 60% and the
same ... depreciation rate, such uniform rate of depreciation at 60% is
applicable to all type of 'computer software'.
6.4 We have gone
work was for providing Computer
Hardware, Software, Consumables, Computer Peripherals, Female
Computer Instructors for running classes and training ... payment.
Respondents have also questioned the educational qualification of the
Computer Instructors supplied by the petitioner agency. According to
the counsel
work was for providing Computer Hardware, Software, Consumables,
Computer Peripherals, Female Computer Instructors for running classes and
training ... payment. Respondents have also questioned the
educational qualification of the Computer Instructors supplied by the petitioner
agency. According to the counsel
allowing depreciation at 25% has no basis, in view of 60% depreciation
being allowed on computers and computer software ... Schedule to IT Rules, 1962.
'Computers including computer software" are eligible for depreciation @
60 %. As per Note
purchase of computer software or license. In case the assessee has
acquired computer software the depreciation @ 60% has to be computed ... whether
it is purchase of computer software or license to use computer software.
Since, the addition has been set aside
heard rival contentions. The assessee has claimed
depreciation on computer and computer software at 60%. The Assessing
Officer allowed depreciation ... assessee is eligible to claim 60% depreciation
on computers including computer software. Therefore, the submission of the
ld. DR that
submitted that it was submitted before the AO that depreciation
on computer software was allowable at the rate of 60% and the
assessee ... peruse the definitions of computer software and intellectual
property rights, it will be evident that computer software and
intellectual property rights
which is the rate of depreciation admissible on
computers and computer software, as claimed by the Appellant
in its Return ... allowing
depreciation on the above @ 60% which is the rate of
depreciation admissible on computers and computer software
