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2017 (4) TMI 1614 - AT - Income TaxDepreciation on computers and computer based items - depreciation at the rate of 60% OR of 25% - HELD THAT:- We find that the assessee has divided these assets under three different heads in the schedule of assets i.e. the editing equipments computer based, editing equipments recorder based and editing equipments others. In respect to editing equipments which are computer based, the assessee has claimed depreciation at the rate of 60%, whereas in respect to other two categories depreciation has been claimed at the rate of 25%. We find that the relevant assets are either computer or computer software as certified by charter engineer vide his report dated 12-11-2014 certifying these assets as computers. As the issue is covered in assessee’s own case for AY 2005-06 [2016 (7) TMI 1671 - ITAT MUMBAI] also and in the given facts and circumstances of the case, we confirm the order of CIT(A) allowing depreciation on computers at the rate of 60%. The appeal of Revenue is dismissed.
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