Tribunal held that the POS machine was eligible for depreciation at a rate of 60 per cent. Followed PCIT v. Connaught Plaza Restaurant Pvt. Ltd. [IT Appeal No. 542 of 2016, dated 20-9-2016 (Delhi) HC). SAP License, being a computer software, is eligible for depreciation at a rate of 60 per cent or 40 per cent. (AY. 2018-19)
Indian Potash Ltd. v. DCIT (2025) 214 ITD 121 (Delhi) (Trib.)
S. 32: Depreciation-POS machine is eligible for depreciation at a rate of 40 per cent-SAP license being a computer software, depreciation on the same was allowable at a rate of 40 per cent.
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