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
expenditure of Rs.41,85,871/- for licence
to use computer software for its operations. The assessee had claimed
expenditure as revenue expenditure ... from the assessment year 2003-04, depreciation @ 60% was specifically
provided for computer software. Accordingly, the Assessing Officer allowed
depreciation
gross
total income" to mean the total income computed in accordance with the
provisions of the Act, before making any deduction under ... accepted. Thus ITAT was correct
in holding that the brought forward unabsorbed depreciation and losses
of the unit the Income which is not eligible
Reallocation of expenditure between Software Technology Park
(STP) and Non-STP Unit.
9. Re-computation of deduction ... assessment years is as under:
1. Expenditure for obtaining license to use software held as Revenue
expenditure whereas it should have been held as capital
gross
total income" to mean the total income computed in accordance with the
provisions of the Act, before making any deduction under ... accepted. Thus ITAT was correct
in holding that the brought forward unabsorbed depreciation and losses
of the unit the Income which is not eligible
Affinity Express India Pvt. Ltd.,, Pune vs Department Of Income Tax on 29 April, 2015
Mudhol Land Holding Pvt. Ltd.,, vs Department Of Income Tax on 31 July, 2015
आयकर
Tata Technologies Ltd.,, Pune vs Assessee on 27 February, 2015
IN THE INCOME TAX APPELLATE
Honeywell Automation India Ltd., Pune vs Assessee on 25 February, 2015
IN THE INCOME TAX
Allianz Se (Formerly Known As Allianz ... vs Assessee on 20 February, 2015
IN THE INCOME
