https://www.taxtmi.com/caselaws?id=211030 The appeal was filed against the restriction on the rate of depreciation for work station, UPS, and server rack. The CIT (A) disallowed the higher depreciation claim on work station, UPS, and server rack, stating they did not qualify for higher rates applicable to computers. The Tribunal allowed depreciation on UPS at the claimed rates but remanded the issue of work station and server rack depreciation back to the CIT (A) for further examination. The appeal was partly allowed for statistical purposes, with the specific issue referred back for reconsideration. en-us Fri, 06 Jan 2012 00:00:00 +0530 Wed, 15 Feb 2012 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211030 The appeal was filed against the restriction on the rate of depreciation for work station, UPS, and server rack. The CIT (A) disallowed the higher depreciation claim on work station, UPS, and server rack, stating they did not qualify for higher rates applicable to computers. The Tribunal allowed depreciation on UPS at the claimed rates but remanded the issue of work station and server rack depreciation back to the CIT (A) for further examination. The appeal was partly allowed for statistical purposes, with the specific issue referred back for reconsideration. Case-Laws Income Tax Fri, 06 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211030