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2017 (6) TMI 4 - AT - Income TaxDepreciation on printer - @ 60% or 15% - A.O rejected the claim of higher rate of depreciation @ 60% on the ground that the machine purchased by the assessee was not a normal printer but a heavy duty printer which can print Media mainly Flex, PVC Vinyle, one way vision etc. - Held that:- Merely because the cost of the printer is very high as compared to that of a computer, therefore, higher rate of depreciation cannot be denied on that ground. We find merit in the above arguments of the ld. counsel for the assessee. It is an admitted fact that that the printer has been used by the assessee for the purposes of its business. It is also admitted fact that the printer cannot function without the command from the computer. Therefore, merely because the cost of the printer is abnormally high, the same, in our opinion, cannot be ground to deny higher rate of deprecation @ 60%. See CIT Vs. BSES Yamuna powers Ltd [2010 (8) TMI 58 - DELHI HIGH COURT] held 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% percent - Decided in favour of assessee.
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