TMI BlogDisallowance of depreciation claimed on Automated Teller Machines (ATM) - @ 15% OR 60% - the test would...Disallowance of depreciation claimed on Automated Teller Machines (ATM) - @ 15% OR 60% - the test would be: Does an ATM fulfil the functions of a Computer in the business activity of an assessee? Is it a tool of his trade with which it carries on his business? - AO directed to allow depreciation @60% - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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