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Adani Petronet( Dahej) Port Pvt. Ltd.,, ... vs The Dy.Commissioner Of Income Tax, ... on 31

that during the assessment proceedings Ld. A.O allowed depreciation on computer software claimed @25% as against 60% claimed by the assessee. Aggrieved ... assessee stated that the assessee has claimed depreciation on computer software @60% since software is 26 KIFS Securities Ltd & Khandwala Integrated Financial

computer software treated as intangible asset" 3. Facts relating to the computer software, on which the assessee had claimed depreciation ... Appendix I, which states that computers including computer software are entitled to depreciation at 60%. Note 7 of the Appendix defines

depreciation. As per depreciation schedule, item number 5 of machinery and plant section is computers including computer software on which ... Desk Software 1,274,624 5. Software Subsct Ser 306,400 6. SPC Software 55,120 7. Software Charges 93,847 8. Software Installed

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

brief fact is that assessee has claimed depreciation on computer software @ 60 per cent. However, the AO has restricted the claim of depreciation ... said table referred to computer, including computer software and the rate of depreciation prescribed in the said table against this entry

Dy.Commissioner Of Income Tax, ... vs M/S. Acalmar Oils & Fats Ltd.,, ... on 21

rate of depreciation applicable on such assets. As per rates of depreciation applicable for A.Y.2008-09, computer software was eligible ... neither be said to be "computers" nor "computer software". Depreciation rate at the rate

therefore it requires continuous upgrading. 17. Heard rival submissions, depreciation on computer software is no more res integra as this issue is settled ... software was used along with computer and when their functions were integrated with computer, such hardware or software would be termed

therefore it requires continuous upgrading. 17. Heard rival submissions, depreciation on computer software is no more res integra as this issue is settled ... software was used along with computer and when their functions were integrated with computer, such hardware or software would be termed