would be allowed on computers including computer software. The said
definition to include computer software was introduced ... distinction between the computer software perse and
the license, wherein the computer along with computer software is
termed
would be allowed on computers including
computer software. The said definition to include computer software was
introduced ... distinction
between the computer software perse and the license, wherein the computer
along with computer software is termed
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
computers including computer software.
Computer software is defined in note 7 to the appendix as a computer ... case of the assessee, entry for depreciation purpose of
computer and computer software, so there is vast difference between these
draft
assessment order so passed the Ld.AO:-
• disallowed depreciation on computer software at
Rs.7,46,162/- for non-deduction ... Regarding corporate tax issues raised, the DRP held that;
• disallowance of depreciation on software under section
40(a)(ia) of the Act, on account
relating to depreciation on software submitted that
computer includes computer software and hence ample for depreciation ... contention that the computer
includes computer software and, therefore, eligible for depreciation of 60%.
There is a separate entry in Income
business after
computing the deduction under section 10A of the Act.
9. Depreciation on cost of computer software incurred during ... erred by not allowing
depreciation on the written down value of the computer software
brought forward from
evidence or even
allegation that amount of purchase of software from
Washington Software Ltd has reached to the assessee trust
or any of trustee ... That the depreciation on computer software has been
illegally and wrongly denied and the CIT(A) has erred in
upholding the same
erred in directing the AO to allow the depreciation
at 60% on computer software instead of at 25% without
appreciating the facts ... erred in directing
the AO to allow the depreciation at 60% on computer software
instead of at 25%, without appreciating the facts
purchase of software as revenue. Whereas computer software
was introduced as a depreciable asset under Rule 5(1) read with
appendix ... computers software has been classified as tangible asset under the
heading software in Appendix-1 of IT Rules entitled to depreciation
