Depreciation on expenditure incurred on the development of ...

Software Development Costs: Capital in Nature with Depreciation Rates of 25% or 60%, Based on Transaction Substance.

August 2, 2017

Case Laws Income Tax AT

Depreciation on expenditure incurred on the development of software as well as purchase of software is capital in nature - at the rate of 25% or at the rate of 60% - it is the substance of the matter which should be looked into rather than the form or the nomenclature.

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Depreciation on expenditure incurred on the development of ...

Software Development Costs: Capital in Nature with Depreciation Rates of 25% or 60%, Based on Transaction Substance.

August 2, 2017

Case Laws Income Tax AT

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