https://www.taxtmi.com/caselaws?id=794904 Higher depreciation for computer peripherals depends on their functional integration with the computer system; printers, scanners, modems and routers used as integral input-output devices may be treated within the computer block. Expenditure on producing television serials and programmes is characterised as revenue expenditure where the content forms part of the broadcasting business rather than a capital asset, with deduction available in the year incurred. A film software library may qualify as an intangible business or commercial right eligible for depreciation at 25%. Depreciation may also apply to a non-compete payment recognised as an intangible asset where its business value is supported by restructuring and consistent treatment, absent a material change in facts or law. en-us Tue, 23 Jun 2026 00:00:00 +0530 Tue, 14 Jul 2026 08:26:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794904 Higher depreciation for computer peripherals depends on their functional integration with the computer system; printers, scanners, modems and routers used as integral input-output devices may be treated within the computer block. Expenditure on producing television serials and programmes is characterised as revenue expenditure where the content forms part of the broadcasting business rather than a capital asset, with deduction available in the year incurred. A film software library may qualify as an intangible business or commercial right eligible for depreciation at 25%. Depreciation may also apply to a non-compete payment recognised as an intangible asset where its business value is supported by restructuring and consistent treatment, absent a material change in facts or law. Case-Laws Income Tax Tue, 23 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794904