Depreciation on software - “primavera” is not actually installed ...
Case Laws Income Tax
May 5, 2016
Depreciation on software - “primavera” is not actually installed within any manufacturing machinery and is a web based tool for top management for review etc. and planner/scheduler. It is a tool like any other office equipment which helps assessee’s top management to manage project in a better way. It is not part of plant and machinery which is used in the process of manufacturing - Additional depreciation disallowed - AT
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