assessee for depreciation on ITG Networking equipments
@60% and depreciation @25% was allowed to the assessee.
However, the allowable depreciation was incorrectly computed ... following computer / software related
expenditure - (i) deduction of Rs. 3,37,81,547/- on 'translation of
courseware / software in local language
assessee is a company engaged in the
business of development of software which it exports in its
entirety. The assessment year ... foreign currency. The assessee had
also computed the business profits, without adjusting the
brought forward unabsorbed depreciation of the earlier
years and carried
Akil Kureshi
COMMISSIONER OF INCOME TAX - RAJKOT - I....Appellant(s)V/SACE SOFTWARE EXPORTS LTD....Opponent(s)
O/TAXAP/831/2012
ORDER
IN
THE HIGH ... respondent-assessee is engaged in the business of export of
computer software. It carries its business on two units i.e. STP
Rajkot Unit
time of
marriage and she was serving as a Nursery Teacher at D.A.V. Public
School, Shree Vihar Colony, Tulasipur, Cuttack and was getting ... Mathematics from IIT, Kanpur and
has also done Post Graduate degree in Computer Science from Birla
Institute of Technology and Science, Pilani, Rajastan
company carrying on business in software development, hardware sales and educational training. It also exports software from its Software Technology Park unit (STP unit ... other confidential or proprietary information, computer programs and all other intangible property rights of the software business. That apart the product also meant
manufacture or processing of goods; or
(ii) the manufacture of computer software; or
(iii) the business of generation or distribution of electricity ... manufacture or process of goods, or the manufacture of computer software or the business of generation and distribution of electricity or any other
than 150 computers came to be
provided in order to provide each student with one computer facility.
Computer aided ... provided in each
class room, which included 35 projectors and computer software for
various subjects. Besides, facilities were provided by way of music
faculty in the training unit were the very employees engaged in software development were also used as a faculty to train the students; by this ... assessee was optimised and ensured efficient utilisation of its assets viz., computers and manpower. In the circumstances, the Officer rejected the submission
India) Pvt. Ltd., is in the business of Development of
Computer Software. The assessee filed return of
income on 27.11.2003 declaring the total ... furnished office
accommodation. The assessee is in the business of
computer software. As a portion of the premises was
not required for sometime
Samaj Parivartana Samudaya & Ors vs State Of Karnataka & Ors on 18 April, 2013
