Depreciation rate
Praveen Singh (60 Points)
06 July 2018
depreciation rate on computer software in 2018_19
Praveen Singh (60 Points)
06 July 2018
RAJA P M
("Do the Right Thing...!!!")
(128062 Points)
Replied 06 July 2018
KOUSHAL JAIN
(Chartered Accountant)
(471 Points)
Replied 06 July 2018
If Computer Software is an integral part of Computer than 40% Depreciation U/s. 32 allow on software with computer allowed.
If Computer Software is not an integral part of Computer than payment of computer software is royalty under section Section 9(1)(vi) and allowed as revenue expenses under section 37(1).
Payment for Computer Software liable to deduct TDS @ 10% under section 194J
RAJA P M
("Do the Right Thing...!!!")
(128062 Points)
Replied 06 July 2018
Vinod Babu
(24191 Points)
Replied 07 July 2018
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