It forms of part Plant and Machinery under the classification of Computers including computer software and is eligible for depreciation at the rate of 60% Please refer page 278 of Direct taxes Law and practice by Vinod K Singhani, Professional edition 2005
CD ROM forms very much part of computer. lf the printer, monitor, scanner, mouse, keyboard etc forms part of a computer, why should not a CD ROM not form part of it?? well, even a floppy drive is part of computer... 60% depreciation can be claimed u/s32.
regards rajesh itty eapen
Leave a Reply
Your are not logged in . Please login to post replies