INCOME TAX ACT, 1961

Section 32(1)

Depreciation - Rate of depreciation - UPS -

Assessee claimed depreciation on UPS @ 60% as applicable to computers. AO treated UPS as plant and machinery and, therefore, eligible for depreciation @ 15%. Held: UPS was an essential part of computer system and was, therefore, eligible for depreciation @ 60% as applicable to computers.

Relied:CIT v. BSES Yamuna Powers Ltd. vide ITA No. 1267/2010 : 2013 TaxPub(DT) 2664 (Del-HC) BSES Rajdhani Powers Ltd. vide ITA No. 1266/2010.

REFERRED :

FAVOUR : In assessee's favour.

A.Y. : 2011-12

INCOME TAX ACT, 1961

Section 37(1)

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