Case Law Details
Case Name : Peninsula Land Ltd. Vs Addl. CIT (ITAT Mumbai)
Appeal Number : ITA No. 3717/MUM/2012
Date of Judgement/Order : 12/10/2022
Related Assessment Year : 2008-09
Courts :
All ITAT ITAT Mumbai
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Peninsula Land Ltd. Vs Addl. CIT (ITAT Mumbai)
ITAT Mumbai held that with effect from 1st April 2003, Computer Software has been classified as a tangible asset under the heading ‘Plant’ entitled for depreciation @60%.
Facts-
The issue is with re
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