https://www.taxtmi.com/highlights?id=48156 Depreciation on software license - intangible and depreciation allowable @25% or software application depreciation allowable @60% - if a particular article would fall within the description by the force of the words used, it is impermissible to ignore the word 'description' and going by the usage of the equipment - there is no error in the taking note of the specific entry in contra distinction with the general entry - allowable @60% en-us Wed, 24 Jul 2019 09:11:28 +0530 Wed, 24 Jul 2019 09:11:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48156 Depreciation on software license - intangible and depreciation allowable @25% or software application depreciation allowable @60% - if a particular article would fall within the description by the force of the words used, it is impermissible to ignore the word 'description' and going by the usage of the equipment - there is no error in the taking note of the specific entry in contra distinction with the general entry - allowable @60% Highlights Income Tax Wed, 24 Jul 2019 09:11:28 +0530 https://www.taxtmi.com/highlights?id=48156