https://www.taxtmi.com/caselaws?id=170897 The Tribunal allowed the appeal by classifying leasehold improvement expenditure as revenue expenditure and recognizing ATMs as computers eligible for 60% depreciation. It upheld the disallowance of the stock shortage claim due to insufficient evidence but directed the AO to adjust the opening stock for the subsequent year. Additionally, the Tribunal approved the change in the revenue recognition policy, ensuring accurate income computation. The appeal was partly allowed. en-us Mon, 28 Feb 2011 00:00:00 +0530 Sat, 27 Jan 2024 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170897 The Tribunal allowed the appeal by classifying leasehold improvement expenditure as revenue expenditure and recognizing ATMs as computers eligible for 60% depreciation. It upheld the disallowance of the stock shortage claim due to insufficient evidence but directed the AO to adjust the opening stock for the subsequent year. Additionally, the Tribunal approved the change in the revenue recognition policy, ensuring accurate income computation. The appeal was partly allowed. Case-Laws Income Tax Mon, 28 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170897