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2010 (12) TMI 606 - AT - Income TaxBonus and incentive paid to Managing Director and Director of the company - Held that: Section 36(1)(ii) provides that commission will not be allowed as deduction if it had not been paid so, it would be paid as profits or dividend - Hence, 2% amount paid to the directors on the basis of sales became their salary and there was no question of applicability of Section 36(1)(ii)- Decided in favour of assessee. Depreciation on computer accessories and peripherals - As per the Hon'ble Delhi High Court in the case of CIT vs. BSES Yamuna Powers Ltd. [2010 -TMI - 78240 - DELHI HIGH COURT], Held that computer accessories and peripherals such as, printers, scanners and server etc. form an integral part of the computer system - In fact the computer accessories and peripherals cannot be used without the computer - Consequently, as they are the part of the computer system, they are entitled to depreciation at the higher rate of 60%. - Decided in favour of assessee.
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