undertaking
from the export of articles or things or computer software for a period of 10
consecutive assessment years beginning with the year in which ... undertaking
begins to manufacture or produce such article or things or computer software
while computing the total income. The assessee had four 10A units
undertaking from the
export of articles or things or computer software for a
period of ten consecutive Assessment Years is to be
allowed from ... undertaking from the export of
articles or things or computer software for a period of ten
consecutive assessment years beginning with the
assessment year relevant
Learned Commissioner of Income Tax (Appeals) failed to appreciate that the customized software specifically developed for the customer did not have any market value ... company. It is engaged in the business of development of software and provision of software consultancy. The assessee derives income in the form of licence
Indian Companies Act, 1956 , is engaged in
providing a range of software development and information
technology enabled services. The assessee also engaged in the
business ... analysed the decision of the Special Bench in the case of
Aztec Software as relied upon by the appellant, and am of the
view that
captioned
assessment year, the assessee had set up a second Software Technology
Park ('STP') unit at Pune ('hereinafter referred to as Pune ... premises for Pune I on lease for its business from
Sofotel Software Services Pvt. Ltd.(Sofotel) in December, 1998. These
premises admeasuring
erred in upholding the action
of the ACIT) in disallowing expenditure on software of Rs.2,58,175 treating the
same as capital expenditure ... Ground no.1 is regarding the disallowance of expenditure on software by
treating the same as capital in nature.
3.1 The assessee has claimed
erred in upholding the action
of the ACIT) in disallowing expenditure on software of Rs.2,58,175 treating the
same as capital expenditure ... Ground no.1 is regarding the disallowance of expenditure on software by
treating the same as capital in nature.
3.1 The assessee has claimed
shipping business of these two companies,
which comprises of booking and communication software and hardware and
a data communication network. It enables these companies ... companies in India namely, MIPL and MLIL towards cost of software
development by the assessee for global telecommunication facilities
technology and other related
services.
3.3 The assessee has entered into a software development service
agreement with Deloitte to provide the software related services ... assignments with its US
clients. For such assignments, the areas pertaining to software
development and information technology services are provided by the
assessee in terms
Saffron Global 24.89
9 Vishal Information Technologies Ltd. 45.65
10 Ace Software Exports Ltd. 15.46
11 Nucleus Netsof& GIS India Ltd. 40.6
12 Asian ... Hutchison, all Intellectual Property
Rights in any Deliverable, and in any software or anything
created or developed by GSPL or any third party acting
