https://www.taxtmi.com/caselaws?id=67487 For income-tax depreciation, the real character and function of equipment prevail over its import classification or customs treatment. A comp set photo type setter with a mini-computer brain, memory, record/playback and editing functions, which controlled the full type-setting process up to camera-ready reproduction, was treated as a computerised data-processing system rather than an ordinary printing machine or electronic typewriter. It therefore fell within the computer/data-processing entry and qualified for depreciation at 20% instead of 10%, while the broader general machine or printing-machine entry was held inapplicable on the facts. en-us Tue, 25 Feb 1992 00:00:00 +0530 Thu, 10 Mar 2011 18:02:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67487 For income-tax depreciation, the real character and function of equipment prevail over its import classification or customs treatment. A comp set photo type setter with a mini-computer brain, memory, record/playback and editing functions, which controlled the full type-setting process up to camera-ready reproduction, was treated as a computerised data-processing system rather than an ordinary printing machine or electronic typewriter. It therefore fell within the computer/data-processing entry and qualified for depreciation at 20% instead of 10%, while the broader general machine or printing-machine entry was held inapplicable on the facts. Case-Laws Income Tax Tue, 25 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67487