https://www.taxtmi.com/highlights?id=28941 Depreciation on software - “primavera” is not actually installed within any manufacturing machinery and is a web based tool for top management for review etc. and planner/scheduler. It is a tool like any other office equipment which helps assessee’s top management to manage project in a better way. It is not part of plant and machinery which is used in the process of manufacturing - Additional depreciation disallowed - AT en-us Thu, 05 May 2016 00:49:33 +0530 Mon, 02 May 2016 22:40:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28941 Depreciation on software - “primavera” is not actually installed within any manufacturing machinery and is a web based tool for top management for review etc. and planner/scheduler. It is a tool like any other office equipment which helps assessee’s top management to manage project in a better way. It is not part of plant and machinery which is used in the process of manufacturing - Additional depreciation disallowed - AT Highlights Income Tax Thu, 05 May 2016 00:49:33 +0530 https://www.taxtmi.com/highlights?id=28941