Website – Intangible Asset Or Software ??

Income Tax

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Assessee claim that travel website should be treated as software and hence website development cost is eligible for 60%depreciation.


ITAT Delhi clears that assessee’s claim not justified, Notification No. 890(E), dated 26-9-2000 has been issued for purposes of sections 10A, 10B and 80HHE.By approaching travel website of assessee, customers/people can approach assessee and conduct business; therefore, website as such cannot be treated as software; it would fall under definition of intangible asset on which depreciation @ 25% is allowable.

Source: [2012] 19 taxmann.com 137 (Delhi – Trib.)

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