https://www.taxtmi.com/caselaws?id=281824 The appeal was partly allowed regarding the depreciation rate on computer software, with the ITAT directing the AO to allow depreciation at 60% based on actual business use, treating it as an intangible asset. This decision was supported by the case of Amway India Enterprises Vs. Dy. Commissioner of Income tax. However, the appeal was dismissed concerning the exclusion of export incentives from eligible profits for deduction u/s 80IB, as the issue had been settled against the assessee by the Supreme Court's decision in the case of Liberty India vs. CIT. en-us Mon, 17 Jan 2011 00:00:00 +0530 Mon, 08 Jul 2019 14:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281824 The appeal was partly allowed regarding the depreciation rate on computer software, with the ITAT directing the AO to allow depreciation at 60% based on actual business use, treating it as an intangible asset. This decision was supported by the case of Amway India Enterprises Vs. Dy. Commissioner of Income tax. However, the appeal was dismissed concerning the exclusion of export incentives from eligible profits for deduction u/s 80IB, as the issue had been settled against the assessee by the Supreme Court's decision in the case of Liberty India vs. CIT. Case-Laws Income Tax Mon, 17 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281824