Court Rejects Assessee's Claim: UPS Not Eligible for 80% Depreciation as Energy-Saving Device.

Court Rejects Assessee's Claim: UPS Not Eligible for 80% Depreciation as Energy-Saving Device. https://www.taxtmi.com/highlights?id=17414 The contention of the assessee that the UPS is an energy saving device, therefore, depreciation @ 80% should be granted cannot be accepted - AT en-us Mon, 24 Feb 2014 05:53:07 +0530 Mon, 24 Feb 2014 05:53:07 +0530 TaxTMI RSS Generator Court Rejects Assessee's Claim: UPS Not Eligible for 80% Depreciation as Energy-Saving Device. https://www.taxtmi.com/highlights?id=17414 The contention of the assessee that the UPS is an energy saving device, therefore, depreciation @ 80% should be granted cannot be accepted - AT Highlights Income Tax Mon, 24 Feb 2014 05:53:07 +0530 https://www.taxtmi.com/highlights?id=17414