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| The Tax Publishers2020 TaxPub(DT) 1868 (Chen-Trib) INCOME TAX ACT, 1961
Section 32(1)(iia)
UPS, printers and scanners become operational only through 'computer functions' and these computer hardware when used as component of the computer become part and parcel thereof. Accordingly, claim of higher depreciation @ 60% on these items was allowable.
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Depreciation - Rate of depreciation - UPS, printers and scanners -
Assessee claimed depreciation @ 60% on UPS, printers and scanners as applicable to computers. AO treated the same as office equipment eligible for depreciation @ 15%. Held: UPS, printers and scanners become operational only through 'computer functions' and these computer hardware when used as component of the computer become part and parcel thereof. Accordingly, claim of higher depreciation @ 60% on these items was allowable.
REFERRED :
FAVOUR : In assessee's favour
A.Y. :
INCOME TAX ACT, 1961
Section 14A
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