Depreciation Rate for Software Doesn't Mean All Software is a Capital Asset: Clarification on Classification. https://www.taxtmi.com/highlights?id=18025 Even though Rules have provided rate of depreciation on computer software, but that does not lead to any kind of drawing legal inference that all softwares have to be characterized as capital asset - AT en-us Thu, 03 Apr 2014 13:34:11 +0530 Thu, 03 Apr 2014 13:34:11 +0530 TaxTMI RSS Generator Depreciation Rate for Software Doesn't Mean All Software is a Capital Asset: Clarification on Classification. https://www.taxtmi.com/highlights?id=18025 Even though Rules have provided rate of depreciation on computer software, but that does not lead to any kind of drawing legal inference that all softwares have to be characterized as capital asset - AT Highlights Income Tax Thu, 03 Apr 2014 13:34:11 +0530 https://www.taxtmi.com/highlights?id=18025