{"id":50255,"date":"2025-01-28T11:48:57","date_gmt":"2025-01-28T06:18:57","guid":{"rendered":"https:\/\/itatonline.org\/digest\/gujarat-infrapipes-p-ltd-v-dy-cit-2024111-itr-47-snahdtrib\/"},"modified":"2025-01-28T11:48:57","modified_gmt":"2025-01-28T06:18:57","slug":"gujarat-infrapipes-p-ltd-v-dy-cit-2024111-itr-47-snahdtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/gujarat-infrapipes-p-ltd-v-dy-cit-2024111-itr-47-snahdtrib\/","title":{"rendered":"Gujarat Infrapipes P. Ltd. v. Dy. CIT (2024)111 ITR 47 (SN)(Ahd)(Trib)"},"content":{"rendered":"<p>The Assessing Officer disallowed the assessee\u2019s claim to depreciation on computer software stating that the assessee had only purchased a licence to use the software and therefore was not entitled to claim depreciation at 60 per cent. The Commissioner (Appeals) allowed the claim. That the Commissioner (Appeals) was right in allowing depreciation on software licence at 60 per cent. Followed \u00a0Dy. CIT v. Datacraft India L td(2011) 9 ITR\u00a0 712 \/ (2010) 133 TTJ 377 (SB) (Mum)(Trib)\u00a0 AY.2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-Rate of  depreciation-Computer software-Depreciation allowable  at 60 Per Cent. <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-50255","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-d4z","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=50255"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50255\/revisions"}],"predecessor-version":[{"id":50256,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50255\/revisions\/50256"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}