Software Customisation is ‘production’ of computer program and entitled for S. 10B benefits

Cybertech Systems & Software Ltd v. CIT  (ITA No. 2781/Mum/2003) – ITAT Mumbai – 02.03.2012 The term ‘computer programme’ had not been defined under Section 10B of the Act, however, it had been defined under Section 10BB of the Act as ‘computer programme’ or ‘process’ or ‘management of electronic data’. After the amendment with effect from 1 April 2001, the definition of computer software had been given in the Explanation 2 to Section 10B of the Act which includes any customised electronic data or any product or services of similar nature as notified by the Ce...