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2015 (9) TMI 1425 - AT - Income TaxDepreciation on certain computer peripherals - Held that:- Computer peripherals form a integral part of the computer system and hence they were entitled to depreciation at the higher rate of 60%. Therefore, we are unable to find any fault with the decision of the CIT(A) in holding that depreciation at the rate of 60% is allowable on the cost of Printers, Routers, Scanners and Switches. See Birla Soft Ltd. [2011 (12) TMI 608 - DELHI HIGH COURT] & CIT Vs. BSES Yamuna Pvt. Ltd case [2010 (8) TMI 58 - DELHI HIGH COURT ] . Also the network cables have been held entitled to depreciation at the rate of 60%. - Decided in favour of assessee Depreciation on Jodhpur property - Held that:- It is an undisputed fact that the asset was never put to use till date and therefore, it is not legally correct that the leased premise was capitalized and added to the block of assets. Therefore, such ineligible asset, which is not fulfilled the conditions of section 32 of the Act should not have been included in the block of assets. - Decided against assessee
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