https://www.taxtmi.com/caselaws?id=179391 The Tribunal upheld the appellant's claim for extra depreciation on computer peripherals, allowing depreciation at 60% by considering them integral to the computer system. The disallowance of TDS on payments made to NSE was overturned as the payments were not subject to TDS provisions. The Tribunal remitted the restriction of rebate under Section 88E back to the Assessing Officer for proper reconsideration, emphasizing the requirement for adequate evidence and giving the assessee a fair opportunity to be heard. The appeal by the Revenue was dismissed, and the cross objection by the assessee was allowed for statistical purposes. en-us Wed, 26 Sep 2012 00:00:00 +0530 Mon, 29 Feb 2016 11:08:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179391 The Tribunal upheld the appellant's claim for extra depreciation on computer peripherals, allowing depreciation at 60% by considering them integral to the computer system. The disallowance of TDS on payments made to NSE was overturned as the payments were not subject to TDS provisions. The Tribunal remitted the restriction of rebate under Section 88E back to the Assessing Officer for proper reconsideration, emphasizing the requirement for adequate evidence and giving the assessee a fair opportunity to be heard. The appeal by the Revenue was dismissed, and the cross objection by the assessee was allowed for statistical purposes. Case-Laws Income Tax Wed, 26 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179391