https://www.taxtmi.com/caselaws?id=182370 The Appellate Tribunal ITAT Mumbai partially allowed the assessee's appeal and dismissed the Revenue's cross-appeal in a case involving the disallowance of depreciation on data cables and Jodhpur property. The Tribunal upheld the higher rate of depreciation on data cables as computer peripherals, contrary to the Commissioner of Income Tax's decision. Additionally, the Tribunal affirmed the higher rate of depreciation on computer peripherals like printers and scanners, rejecting the Revenue's contention for a lower rate. The overall appeal against the Commissioner of Income Tax's order resulted in partial relief for the assessee. en-us Wed, 30 Sep 2015 00:00:00 +0530 Sun, 08 May 2016 17:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182370 The Appellate Tribunal ITAT Mumbai partially allowed the assessee's appeal and dismissed the Revenue's cross-appeal in a case involving the disallowance of depreciation on data cables and Jodhpur property. The Tribunal upheld the higher rate of depreciation on data cables as computer peripherals, contrary to the Commissioner of Income Tax's decision. Additionally, the Tribunal affirmed the higher rate of depreciation on computer peripherals like printers and scanners, rejecting the Revenue's contention for a lower rate. The overall appeal against the Commissioner of Income Tax's order resulted in partial relief for the assessee. Case-Laws Income Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182370