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![Inability to Generate Income from Software Not a Ground to Deny Depreciation Claim: ITAT rules in favour of Rapipay [Read Order] Inability to Generate Income from Software Not a Ground to Deny Depreciation Claim: ITAT rules in favour of Rapipay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Software-Depreciation-Claim-ITAT-Rapipay-TAXSCAN.jpg)
Inability to Generate Income from Software Not a Ground to Deny Depreciation Claim: ITAT rules in favour of Rapipay [Read Order]
Infavour of RapipayFinvest, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) ruled that the inability to generate income from software is...


![Expenses towards Development of Abandoned Software Eligible for Income Tax Deduction: Bombay HC [Read Order] Expenses towards Development of Abandoned Software Eligible for Income Tax Deduction: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Software-Development-of-Software-Income-Tax-Deduction-Deduction-Income-Tax-Tax-Bombay-High-Court-taxscan.jpg)

![Software Development Expenditure is Revenue in Nature: ITAT [Read Order] Software Development Expenditure is Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Software-Development-Expenditure-Revenue-ITAT-taxscan.jpg)
![CESTAT upholds Cancellation of License for Default on part of Courier Agency [Read Order] CESTAT upholds Cancellation of License for Default on part of Courier Agency [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/CESTAT-Cancellation-of-License-Courier-Agency-Taxscan.jpg)

![No Income Tax applicable on receipt of Software License Fees from Indian subsidiary: ITAT [Read Order] No Income Tax applicable on receipt of Software License Fees from Indian subsidiary: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Income-Tax-receipt-of-software-license-fees-Indian-subsidiary-ITAT-Taxscan.jpg)

![Payments made to non-resident for acquiring off-the-shelf Software isn’t Royalty, No obligation to deduct TDS: ITAT deletes disallowance against Infosys [Read Order] Payments made to non-resident for acquiring off-the-shelf Software isn’t Royalty, No obligation to deduct TDS: ITAT deletes disallowance against Infosys [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Payments-shelf-Software-Royalty-obligation-to-deduct-TDS-ITAT-deletes-disallowance-Infosys-Taxscan.jpg)

![ITAT allows 60% of Deduction on Computers and Computer Software [Read Order] ITAT allows 60% of Deduction on Computers and Computer Software [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Computers-Software-ITAT-Taxscan.jpg)
![Sale of DVDs and CDs with Licensed Software will attract Higher GST Rate: AAR [Read Order] Sale of DVDs and CDs with Licensed Software will attract Higher GST Rate: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/WhatsApp-Image-2020-05-12-at-9.20.48-AM.jpeg)