https://www.taxtmi.com/highlights?id=28103 Disallowance of depreciation - Addition towards Film Software Library as the same is not intangible asset and it is to be treated as Plant & Machinery - depreciation @ 15% or 25% - asset which consists of ‘Copyrighted Films and Programmes’ is an ‘Intangible Asset’ eligible for depreciation at the rate of 25% - AT en-us Fri, 25 Mar 2016 15:51:10 +0530 Fri, 25 Mar 2016 15:51:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28103 Disallowance of depreciation - Addition towards Film Software Library as the same is not intangible asset and it is to be treated as Plant & Machinery - depreciation @ 15% or 25% - asset which consists of ‘Copyrighted Films and Programmes’ is an ‘Intangible Asset’ eligible for depreciation at the rate of 25% - AT Highlights Income Tax Fri, 25 Mar 2016 15:51:10 +0530 https://www.taxtmi.com/highlights?id=28103