https://www.taxtmi.com/caselaws?id=186304 The Tribunal partially allowed the Assessee's appeal by directing the Assessing Officer to grant higher depreciation on specific electrical equipment. The Tribunal upheld the CIT (A)'s decision regarding the depreciation rates on computers and peripherals, emphasizing that only computer peripherals could be considered as computers for depreciation purposes, while other items fell under plant and machinery categories. en-us Thu, 14 Jan 2016 00:00:00 +0530 Wed, 14 Sep 2016 10:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186304 The Tribunal partially allowed the Assessee's appeal by directing the Assessing Officer to grant higher depreciation on specific electrical equipment. The Tribunal upheld the CIT (A)'s decision regarding the depreciation rates on computers and peripherals, emphasizing that only computer peripherals could be considered as computers for depreciation purposes, while other items fell under plant and machinery categories. Case-Laws Income Tax Thu, 14 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186304