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2018 (7) TMI 942 - AT - Income TaxDepreciation on CT scan, ECG & ECG Accessories and Patient Monitoring System - @ 15% OR 40% - AR contended before us that there is no distinction between MRI scan and CT scan except creating the superior quality of images, the depreciation on the disputed items as claimed by the assessee @ 40% is allowable - Held that:- Referring to relevant portion of New Appendix I governing the depreciation under Life Saving Medical Equipment at (iii) (xia) of para A it suggests that no deprecation @ 40%was provided to CT scan, ECG/ ECG Accessories and Patient Monitoring System. We find the facts and circumstances in the case of M/s Bharat Scans Pvt.Ltd. [2014 (2) TMI 1150 - ITAT CHENNAI] as rightly pointed by Ld.DR, in our opinion, is not applicable with the facts and circumstances of the present case. As discussed and opined above that CIT(A) is justified in confirming the addition made by the AO and it requires no interference from us - Decided against assessee.
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