Held that computer servers, software and networking equipment are entitle to depreciation is allowable at 60 Per Cent. Followed, PCIT v. Mphasis L td. [2021 128 taxmann.com 138 (Karn)(HC).(AY. 2013-14)
Harman Connected Services Corporation India P. Ltd. v. Asst. CIT (2023)105 ITR 36 (SN)/ 151 taxmann.com 500 (Bang) (Trib)
S. 32 : Depreciation-Rate of depreciation-Computer servers, software and networking equipment-Depreciation is allowable at 60 Per Cent.