2021 (8) TMI 1371

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..... s himself allowed assessee s claim of depreciation @ 60% on computer based equipment in AY 2014-15 From perusal of the impugned order it is gathered that the issue is perennial. In AY 2005-06, 2007-08 and AYs 2009-10 to 2011-12 the CIT(A) had allowed assessee s similar claim of depreciation on computer based equipments. In appeal by the Revenue, the Tribunal confirmed the order of First Appella .....

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..... at the rate of 60% on Plant Machinery (computer based items). During assessment proceedings, the Assessing Officer (AO) restricted assessee s claim of depreciation on Plant Machinery which is in the nature of computers to 15%. The assessee carried the issue in appeal before the CIT(A). The CIT(A) allowed assessee s claim in full by following the order of his predecessor in AY 2011-12. The CIT( .....

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..... imself allowed assessee s claim of depreciation @ 60% on computer based equipment in AY 2014-15. From perusal of the impugned order it is gathered that the issue is perennial. In AY 2005-06, 2007-08 and AYs 2009-10 to 2011-12 the CIT(A) had allowed assessee s similar claim of depreciation on computer based equipments. In appeal by the Revenue, the Tribunal confirmed the order of First Appellate Au .....

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