Case Law Details
Case Name : M/s. Dinamalar Tirunelveli Vs The Income-Tax Officer (Madras High Court)
Related Assessment Year : 2011-12
Courts :
All High Courts Madras High Court
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Advocate Akhilesh Kumar Sah
Machines containing Computer & Computer Software not eligible for depreciation @ 60% alike Computer & Computer Software
Appendix I in Income Tax Rules, 1962 in respect of rates at which depreciation is admissible provides depreciation on computers including computer software @ 60%. Recently, in Dinamalar vs. The ITO [T.C.A.No.624 of 2016, Decided on 02.09.2016], the assessee in respect of the claim of depreciation on computers and computer peripherals, claimed depreciation on the items, viz., cannon lide, scanner, computerized counting & stacking machin...
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Seems illogical – machine which has characteristics of computer are not treated as computer, whereas anything which cannot work on standalone basis and can only work when latched to computer, is classified as computer.