‘ATM’ is computer; eligible for higher rate of depreciation: High Court

INCOME TAX-I : Where assessee engaged in business of manufacturing ATMs and distribution of NCR books products, took a premises on lease for a period of three years and incurred expenditure on improvement of said premises such as improvement of interiors and electrical works, ceiling work for networking of computers in connection with set up of office etc., expenditure so incurred was to be allowed as revenue expenditure

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000194860/‘atm’-is-computer-eligible-for-higher-rate-of-depreciation-high-court.aspx