Dismissing the appeal of the revenue the Tribunal held that computer software entitle to depreciation as intangible asset at 60%.(AY.2011-12)
Dy.CIT v. MPS Infotecnics Pvt. Ltd. (2021) 86 ITR 141 (Delhi) (Trib)
S. 32 : Depreciation -Computer software —Intangible asset- Entitled to depreciation at 60% Per Cent.