https://www.taxtmi.com/caselaws?id=395277 The Tribunal affirmed that 'Digital Content' developed by the assessee is an intangible asset, not computer software, eligible for 25% depreciation. The disallowance of expenses under Section 14A was partly allowed, directing the AO to exclude investments in foreign companies with taxable dividend income and Indian companies with no dividend income from the disallowance calculation. en-us Fri, 08 May 2020 00:00:00 +0530 Fri, 21 Aug 2020 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395277 The Tribunal affirmed that 'Digital Content' developed by the assessee is an intangible asset, not computer software, eligible for 25% depreciation. The disallowance of expenses under Section 14A was partly allowed, directing the AO to exclude investments in foreign companies with taxable dividend income and Indian companies with no dividend income from the disallowance calculation. Case-Laws Income Tax Fri, 08 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395277