Disallowance of excess depreciation on computer software - ...

Assessee Granted 60% Depreciation Rate for Windows Software as per Rule 5, Income Tax Rules, 1962.

October 30, 2021

Case Laws Income Tax AT

Disallowance of excess depreciation on computer software - assessee had purchased software being operating system for Windows and claimed depreciation as per Rule 5 of IT Rules, 1962 @ 60% as applicable to computer and computer software. - AO directed to allow depreciation @ 60% as claimed by the assessee. - AT

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Disallowance of excess depreciation on computer software - ...

Assessee Granted 60% Depreciation Rate for Windows Software as per Rule 5, Income Tax Rules, 1962.

October 30, 2021

Case Laws Income Tax AT

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