Classic Linens International Pvt. ... vs Acit (Osd), Company Range-I,, Chennai on 23 November, 2021
Engineering Analysis Centre Of ... vs The Commissioner Of Income Tax on 2 March, 2021
Equivalent
block (5) of the Depreciation Schedule
contain the rate of depreciation for computer including computer software which
reads as under ... Computers including computer software [See note 7 below the Table]
Notes:
7. "Computer software" means any computer
computer software has been classified
under sub-block 'Computers including computer software' wherein,
specifically, rate of depreciation ... Machinery and Plant, 'Computers including
Computer Software' has been assigned admissible rate of depreciation
Ey Global Services Limited vs Assistant Commissioner Of Income Tax & ... on 9 December, 2021
amounting to Rs.45500/- classified as computer including computer
software.
5. Ld C.I.T.(A) has erred
Appendix I, which states that computers including
computer software are entitled to depreciation at
60%. Note 7 of the Appendix defines ... Income Tax Rules, computer including computer software are eligible for
depreciation at the rate of 60% of the written down value
Kolkata vs V.N. Enterprises Limited on 30 September, 2021
Author: Rajesh Bindal
Bench: Rajesh
The Principal Commissioner vs M/S. Ibm India Pvt. Limited on 4 February, 2021
Bench
Appendix I, which states that
computers including computer software are entitled to
depreciation at 60%. Note 7 of the Appendix defines ... Appellant Tribunal has decided the issue
relating to depreciation on ‘computer software’ to 25 percent, as against the
rate of 60 percent claimed