Held that purchase of a license of ERP SAP software was entitled to depreciation on such license at a rate of 60 per cent. (AY. 2017-18)
Arkema Chemicals India (P.) Ltd. v. ACIT (2022) 195 ITD 486 (Mum.)(Trib.)
S. 32 : Depreciation-Purchase of ERP SAP software-Entitle to depreciation at 60 per cent.