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| The Tax Publishers2020 TaxPub(DT) 1760 (Chen-Trib) INCOME TAX ACT, 1961
Section 32(1)
Depreciation on UPS was allowable @ 60%.
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Depreciation - Rate of depreciation - UPS -
Assessee claimed depreciation on UPS @ 80%. AO restricted depreciation to 60%. Held: UPS is an energy saving device entailing for higher depreciation.
REFERRED :
FAVOUR : In ssesssee's favour
A.Y. :
INCOME TAX ACT, 1961
Section 14A
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