199 3. ACIT v. Zyndus Infrastructure (P} Ltd.

72 Taxmann.com 199Income Tax Appellate Tribunal2016#5551 most cited

What is 199 3. ACIT v. Zyndus Infrastructure (P} Ltd. authority for?

Depreciation on computer software expenses is allowable at a rate of 60%. The revenue's acceptance of this claim in prior proceedings supports its validity.

21

judgments rely on this decision, according to BharatTax’s citation analysis of 367,181 Indian tax judgments — from 2018 to 2024.

Also referred to as

ACIT v. Zyndus Infrastructure (P) Ltd · 72 Taxmann.com 199 · depreciation on software · computer software · ITAT Ahmedabad · 60% depreciation rate · written down value

Sections most often in play

Section 115JBSection 145Section 14ASection 37(1)

Issues it is cited on

depreciation on softwaresection 116section 90acopyrighted articlesection 40(a)(ii)section 91retrospective amendmentdomestic companydividend distribution taxcomputer softwarewritten down valuemistake apparent from record

Judgments citing 199 3. ACIT v. Zyndus Infrastructure (P} Ltd.

The DCIT, (OSD), Circle-8, Ahmedabad vs. Zydus Infrastructure Pvt.Ltd., Ahmedabad

In the result, appeal of the Revenue is dismissed

ITA 1088/AHD/2015[2011-12]Status: DisposedITAT Ahmedabad02 Feb 2018AY 2011-12

Bench: Shri Rajpal Yadav & Shri Pradip Kumar Kediaआयकर अपील सं./I.T.A. No.1088/Ahd/2015 ("नधा"रण वष" / Assessment Year: 2011-12)

For Appellant: Shri Jigar M. Patel, A.RFor Respondent: Shri Dinesh Singh, Sr. DR
Section 143(3)Section 80Section 80I

…आयकर अपील"य अ"धकरण, अहमदाबाद "यायपीठ ‘A’, अहमदाबाद । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD सव"ी राजपाल यादव, "या"यक सद"य एवं "द"प कुमार के"डया, लेखा सद"य के सम" BEFORE SHRI RAJPAL YADAV, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. No.1088/Ahd/2015 ("नधा"रण वष" / Assessment Year: 2011-12) The DCIT, Circle-4(1)(2), Zydus Infrastructure बनाम/ Ahmedabad Pvt. Ltd., Zydus Tower, Vs. Opp. Iskon Temple Satellite Cross Roads, Ahmedabad "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAACZ0629H .. (""यथ" / Respondent) (अपीलाथ" /Appellant) अपीलाथ" ओर से / Appellant by : S…