https://www.taxtmi.com/article/detailed?id=314 When a specified asset qualifies for a special rate of depreciation, ancillary accessories and supporting installations that are necessary for the asset to function and cannot meaningfully operate independently should be treated as part of that asset and allowed the same special rate; identical items used for other non qualifying purposes attract the general rate. Judicial and tribunal authorities recognise such integral adjunct treatment for coal feeding systems, refinery auxiliaries and computer peripherals. Technical site verification is recommended to determine factual integrality and proper depreciation classification. en-us Fri, 20 Mar 2009 00:00:00 +0530 Tue, 24 Mar 2009 15:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=314 When a specified asset qualifies for a special rate of depreciation, ancillary accessories and supporting installations that are necessary for the asset to function and cannot meaningfully operate independently should be treated as part of that asset and allowed the same special rate; identical items used for other non qualifying purposes attract the general rate. Judicial and tribunal authorities recognise such integral adjunct treatment for coal feeding systems, refinery auxiliaries and computer peripherals. Technical site verification is recommended to determine factual integrality and proper depreciation classification. Articles Income Tax Fri, 20 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=314