https://www.taxtmi.com/caselaws?id=181181 Section 14A disallowance of expenditure relatable to exempt dividend income was required to be recomputed under the amended framework and prescribed method, so the matter was restored for fresh determination. Computer peripherals such as printer and scanner were treated as integral parts of the computer system because they cannot function independently of the computer, and they were therefore eligible for the higher depreciation rate applicable to computers. The discussion reflects partial relief on depreciation while the exempt-income disallowance issue required reconsideration and recomputation. en-us Fri, 09 Jan 2009 00:00:00 +0530 Fri, 24 Nov 2023 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181181 Section 14A disallowance of expenditure relatable to exempt dividend income was required to be recomputed under the amended framework and prescribed method, so the matter was restored for fresh determination. Computer peripherals such as printer and scanner were treated as integral parts of the computer system because they cannot function independently of the computer, and they were therefore eligible for the higher depreciation rate applicable to computers. The discussion reflects partial relief on depreciation while the exempt-income disallowance issue required reconsideration and recomputation. Case-Laws Income Tax Fri, 09 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181181