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2017 (4) TMI 460 - AT - Income TaxDepreciation on computer software - Held that:- It is brought to our notice that in AY 2004-05, Ld. CIT (A) has granted depreciation @ 60% on these items. The order of Ld. CIT (A) has been accepted by the Revenue. Therefore, as a matter of consistency we direct the AO to grant the depreciation @ 60% in AY 2005-06. With these directions these grounds are allowed. Disallowance u/s 14A - Held that:- We restore this issue back to file of the AO with the same directions as have been given in AY 2009-10. The AO is directed to follow order for AY 2009-10 while adjudicating this ground. Adequate opportunity of hearing shall be granted to the assessee while deciding this ground.
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