Classification of computer software as an article or thing under section 35(2AB) alters its tax treatment classification. The notification designates manufacture or production of computer software as an article or thing for the purposes of clause (1) of sub section (2AB) of the Income tax Act, thereby classifying software development within the category relevant to application of that provision.
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Provisions expressly mentioned in the judgment/order text.
Classification of computer software as an article or thing under section 35(2AB) alters its tax treatment classification.
The notification designates manufacture or production of computer software as an article or thing for the purposes of clause (1) of sub section (2AB) of the Income tax Act, thereby classifying software development within the category relevant to application of that provision.
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