https://www.taxtmi.com/caselaws?id=203429 The Tribunal upheld the lower authorities' decision to restrict depreciation allowance on specialized machinery for printing at the standard rate, denying the higher rate claimed for computers. However, the Tribunal set aside the disallowance of labour charges, ruling that the expenditure primarily constituted purchases rather than labor contracts, thus not subject to tax deduction at source under Section 40(a)(ia) of the Income-tax Act, 1961. en-us Fri, 18 Jun 2010 00:00:00 +0530 Tue, 28 May 2013 14:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203429 The Tribunal upheld the lower authorities' decision to restrict depreciation allowance on specialized machinery for printing at the standard rate, denying the higher rate claimed for computers. However, the Tribunal set aside the disallowance of labour charges, ruling that the expenditure primarily constituted purchases rather than labor contracts, thus not subject to tax deduction at source under Section 40(a)(ia) of the Income-tax Act, 1961. Case-Laws Income Tax Fri, 18 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203429