The Tribunal held that the term ”computer” has not been defined in the Act. However, it has been defined in Section 2(1) of Information Technology, Act. The LED Panel more or less fits to the definition of computer as given in Information Technology Act, 2000 and upheld the order of the CIT(A). (AY. 2006-2007)
Dy. CIT v. Kumudam Publications P. Ltd. (2019) 70 ITR 41 (SN) (Chennai)(Trib. )
S. 32 : Depreciation–LED Panel–Rate of depreciation is allowable as applicable to computer. [Information technology Act, 2000, S. 2(1)]