Dismissing the appeal of the revenue the Court held that computer accessories such as switches and routers form part of peripherals of computer system. Entitled to depreciation at rate of 60 per cent . ( AY. 2004 -05 )
PCIT v. Mphasis Ltd. (2021) 281 Taxman 206 (Karn.) (HC)
S. 32 : Depreciation -Computer system- Switches and routers- Part of peripherals of computer system- Entitled to depreciation at rate of 60 per cent