Networking equipment used as part of computer function will be classified and depreciable as computers

NXP India Pvt. Ltd Vs DCIT (ITAT Bangalore) ITAT Bangalore based on the judgement of Datacraft India Ltd. held that if the networking equipment is used as a part of the computer in its functions, then the same will be classified as computers for the purpose of depreciation. Facts- The assessee is among the top 5 MNC employers in the semiconductor space and is a major force in the Indian Semiconductor space and as a contract development service organization. The core areas of the assessee’s activities in India include development, design and sales agent support services. The assessee creates ...