https://www.taxtmi.com/caselaws?id=205633 Depreciation on computer peripherals and accessories depends on item-wise examination of whether each item functions independently or forms an integral part of the computer system, so the claim was remitted for fresh factual verification. Royalty paid under a technical collaboration agreement was treated as revenue expenditure because it was a recurring, sales-linked payment for limited use of know-how without transfer of proprietary rights, and the disallowance was deleted. Expenditure on a secure landfill system and allied works was also held to be revenue in nature because it was incurred to meet environmental and pollution-control obligations necessary for business operations, so the addition was deleted. en-us Wed, 08 Dec 2010 00:00:00 +0530 Wed, 20 Jul 2011 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205633 Depreciation on computer peripherals and accessories depends on item-wise examination of whether each item functions independently or forms an integral part of the computer system, so the claim was remitted for fresh factual verification. Royalty paid under a technical collaboration agreement was treated as revenue expenditure because it was a recurring, sales-linked payment for limited use of know-how without transfer of proprietary rights, and the disallowance was deleted. Expenditure on a secure landfill system and allied works was also held to be revenue in nature because it was incurred to meet environmental and pollution-control obligations necessary for business operations, so the addition was deleted. Case-Laws Income Tax Wed, 08 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205633