Delhi HC affirms POS terminal as computer for depreciation, allows 60% deduction

The Delhi HC dismissed the revenue's appeal on the classification of a P.O.S. terminal for depreciation, affirming it as akin to a computer, allowing 60% depreciation for the assessee in the assessment year 2008-2009.

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The Delhi High Court dismissed the revenue's appeal regarding the classification of a P.O.S. terminal for depreciation purposes. The court upheld the decision that the terminal is akin to a computer, entitling the assessee to 60% depreciation for the assessment year 2008-2009.

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