https://www.taxtmi.com/caselaws?id=360072 The Court upheld the assessee's claim for 60% depreciation on printers as part of the computer system, dismissing the Revenue's appeals. The decision was based on consistent findings in previous assessments and the absence of new evidence challenging the factual conclusions. The Court emphasized interpreting the tax statute to give full effect to all words used and favored the assessee in cases of ambiguity, especially regarding depreciation claims. en-us Mon, 16 Apr 2018 00:00:00 +0530 Mon, 27 Aug 2018 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360072 The Court upheld the assessee's claim for 60% depreciation on printers as part of the computer system, dismissing the Revenue's appeals. The decision was based on consistent findings in previous assessments and the absence of new evidence challenging the factual conclusions. The Court emphasized interpreting the tax statute to give full effect to all words used and favored the assessee in cases of ambiguity, especially regarding depreciation claims. Case-Laws Income Tax Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360072