Expense on Pen drives, laptop adapters, batteries & hard disk are revenue expenditure

DCIT Vs Tata AIG General Insurance Co. Ltd. (ITAT Mumbai)

The facts clearly shows that the assessee has incurred an expenditure of ₹29,46,886/- on non EDP and EDP equipments under IT expenses. This expenditure is related to purchase of Pen drives, laptop adapters, batteries and hard disk, etc. The learned Assessing Officer made the disallowance based on his order for Assessment Year 2014-15 holding that these are capital expenditure. He granted the depreciation on this items at the rate of 60% and disallowed the balance su

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