https://www.taxtmi.com/caselaws?id=330130 Reassessment challenge failed because the Tribunal followed its earlier decision in the assessee's own case on identical facts and found no reason to depart from that view. ATMs were treated as part of the computer block since they operate as an integral component of a computerised network, so depreciation at 60% was allowed, subject to recomputation of written down value. UPS attached to computers was also held eligible for 60% depreciation as part of the computer system. The deletion of disallowance under section 36(1)(viia) was sustained because the deduction is to be computed on the total average aggregate advances of rural branches, in line with earlier coordinate bench and jurisdictional rulings. en-us Fri, 22 Jan 2016 00:00:00 +0530 Tue, 19 Jul 2016 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330130 Reassessment challenge failed because the Tribunal followed its earlier decision in the assessee's own case on identical facts and found no reason to depart from that view. ATMs were treated as part of the computer block since they operate as an integral component of a computerised network, so depreciation at 60% was allowed, subject to recomputation of written down value. UPS attached to computers was also held eligible for 60% depreciation as part of the computer system. The deletion of disallowance under section 36(1)(viia) was sustained because the deduction is to be computed on the total average aggregate advances of rural branches, in line with earlier coordinate bench and jurisdictional rulings. Case-Laws Income Tax Fri, 22 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330130