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2015 (6) TMI 840 - AT - Income TaxDepreciation on computer peripherals and accessories - 60% or 25% - Held that:- The issue has been settled by the Hon'ble Delhi Tribunal in the case of Expeditors International India (P) Ltd. vs Addl. CIT [2008 (8) TMI 399 - ITAT DELHI-F ], wherein it has been held that the peripherals such as printers, scanners, NT server, etc. form integral part of the computer and the same, therefore, are eligible for depreciation at a higher rate as applicable to a computer @ 60%.- Decided in favour of assessee. Expenses incurred on advertisement - Treated as capital in nature by AO being 30% of ₹ 26,56,245/- as it would give enduring benefit to the assessee - CIT(A) deleted the disallowance - Held that:- There was no infirmity in the order of the CIT(A), who relied on the ratios laid down by the Hon’ble Supreme Court in the cases of Empire Jute Co. Ltd. vs CIT [1980 (5) TMI 1 - SUPREME Court] and Alembic Chemicals Works Company Ltd. vs CIT, [1989 (3) TMI 5 - SUPREME Court] - Decided in favour of assessee.
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