Income Tax Officer v. Samiran Majumdar

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The Tax Publishers2006 TaxPub(DT) 0599 (Kol-Trib) : (2006) 009 (II) ITCL 0261 : (2006) 098 ITD 0119 : (2006) 101 TTJ 0501 ITO v. Samiran Majumdar INCOME TAX ACT, 1961 Depreciation - Higher rate -Printer and scanner *Held:* Printer and scanner were treated as integral part of computer system, therefore, they were to be treated as computer in respect to claim of higher rate of depreciation. Income-tax Act, 1961, Section 32 A.Y. :2001-02 Decision: In favour of assessee Case Law Analysis:CIT v. Kanodia Warehousing Corpn. [1980] 121 ITR 996/ 3 Taxman 223 (All.) (para 6) and CIT v. Karnataka Power Corporation [2001] 247 ITR 268/[2000] 112 Taxman 629 (SC)(FB) (para 6). ITO v. Samiran Majumdar SUBSCRIBE FOR FULL CONTENT OR Try Reload the Page

The Tax Publishers2006 TaxPub(DT) 0599 (Kol-Trib) : (2006) 009 (II) ITCL 0261 : (2006) 098 ITD 0119 : (2006) 101 TTJ 0501

ITO v. Samiran Majumdar

INCOME TAX ACT, 1961

Depreciation - Higher rate -Printer and scanner

Held: Printer and scanner were treated as integral part of computer system, therefore, they were to be treated as computer in respect to claim of higher rate of depreciation.

Income-tax Act, 1961, Section 32

A.Y. :2001-02
Decision: In favour of assessee

Case Law Analysis:CIT v. Kanodia Warehousing Corpn. [1980] 121 ITR 996/ 3 Taxman 223 (All.) (para 6) and CIT v. Karnataka Power Corporation [2001] 247 ITR 268/[2000] 112 Taxman 629 (SC)(FB) (para 6).

ITO v. Samiran Majumdar

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