Dismissing the appeal of the revenue the Tribunal held that computer software being intangible asset entitle to depreciation at 60%. (AY. 2011-12)
Dy.CIT v. MPS Infotecnics Pvt. Ltd. (2021) 86 ITR 141 / 211 TTJ 230 / 201 DTR 209 (Delhi)(Trib.)
S. 32 : Depreciation-Computer software-Intangible asset-Entitle to depreciation at 60%.