https://www.taxtmi.com/caselaws?id=193672 An estimated disallowance of expenses for alleged non-verifiability is not sustainable where the assessing officer identifies no specific defective item, expenditure head, or evidentiary basis supporting the estimate. Computer peripherals such as UPS, printers and networking routers are treated as integral parts of the computer system and are eligible for the higher depreciation rate applicable to computers. Computer software is likewise regarded as part of the computer system and also qualifies for the higher depreciation rate prescribed for software. The assessee was stated to have succeeded on all disputed additions, and the departmental challenge failed. en-us Fri, 28 Jun 2013 00:00:00 +0530 Sat, 04 Mar 2023 06:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193672 An estimated disallowance of expenses for alleged non-verifiability is not sustainable where the assessing officer identifies no specific defective item, expenditure head, or evidentiary basis supporting the estimate. Computer peripherals such as UPS, printers and networking routers are treated as integral parts of the computer system and are eligible for the higher depreciation rate applicable to computers. Computer software is likewise regarded as part of the computer system and also qualifies for the higher depreciation rate prescribed for software. The assessee was stated to have succeeded on all disputed additions, and the departmental challenge failed. Case-Laws Income Tax Fri, 28 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193672