eligible for 60% depreciation, when the entry in the depreciation table specifically says, computers including computer software?
3. These appeals ... said entry states that computers including computer software are eligible for depreciation at 60% on written down value. The assessing officer
M/S.Poompuhar Shipping Corporation ... vs The Income Tax Officer on 9 October, 2013
Author
Commissioner Of Income Tax vs M/S. S.R.A. Systems Ltd on 26 October
Super Auto Forge Ltd vs Additional Commissioner Of Income-Tax on 15 April, 2014
Author
software. The assessee acquired software licenses
capitalized during the relevant years in the books of accounts and claimed
http://www.judis.nic.in
4
depreciation ... Appendix I, which states that computers including computer software are
entitled to depreciation at 60%. Note 7 of the Appendix defines
incurred for
purchase of computer to computer link software is
revenue in nature especially when the software
provides an enduring benefit ... access software which
would come under the block of assets, plant and
machinery – computer including computer software
at 60% depreciation under
case, the Appellate Tribunal was right in holding
that the software expenses incurred by the assessee
were revenue expenditure?
ii) Whether on the facts ... right in overlooking the fact that
computer including computer software are assets
eligible to depreciation @ 60% under Clause
M/S.Polaris Consulting And Services ... vs Principal Commissioner Of Income Tax-5 on 11
Commissioner Of Income Tax vs M/S.Servion Global Solutions Ltd on 4 June, 2019
M/S.Polaris Consulting & Services Ltd vs The Deputy Commissioner on 23 October, 2018
