Held that UPS (uninterrupted power supply system) is entitle to depreciation at the rate of 60 per cent. on the ground that it was not a part of computer system. Civil structure for water supply and drainage is part of plant and machinery hence entitled to depreciation at 15 Per Cent. (AY.2013-14, 2014-15)
NLC India Ltd. v. Dy.CIT (2021) 87 ITR 121 (Chennai)(Trib.)
S. 32 : Depreciation-Uninterrupted power supply system-Part of computer-Entitled to depreciation at 60 Per Cent-Civil structure for water supply and drainage-Part of plant and machinery-Entitled to depreciation at 15 Per Cent.