https://www.taxtmi.com/caselaws?id=196095 The appeal by the Department and cross objection by the assessee were dismissed. The Tribunal directed the Assessing Officer to re-compute the book profits after verifying the correct figures of brought forward business loss or depreciation. The Tribunal upheld the decision of the ld. CIT(A) allowing 60% depreciation on computer peripherals based on a Delhi High Court ruling. en-us Fri, 31 May 2013 00:00:00 +0530 Sat, 18 Nov 2017 16:25:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196095 The appeal by the Department and cross objection by the assessee were dismissed. The Tribunal directed the Assessing Officer to re-compute the book profits after verifying the correct figures of brought forward business loss or depreciation. The Tribunal upheld the decision of the ld. CIT(A) allowing 60% depreciation on computer peripherals based on a Delhi High Court ruling. Case-Laws Income Tax Fri, 31 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196095