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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Proportionate disallowance of depreciation on computer and ...


Depreciation on Computers and Software Allowed Despite Extra Units for Emergencies; Employee Count Not a Factor.

August 19, 2015

Case Laws     Income Tax     AT

Proportionate disallowance of depreciation on computer and software, based on the number of employees of the assessee - keeping extra computer for meeting any emergent situation of non-functional computer or under repair computer is not an unusual practice - No disallowance - AT

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