https://www.taxtmi.com/caselaws?id=407218 The delay in filing the appeal was condoned due to lockdown and pandemic reasons, leading to the admission of the appeal. The stay application by the appellant was dismissed as infructuous. Regarding the depreciation rate on biometric devices, the Tribunal ruled in favor of the appellant, determining that biometric systems qualify as computers and are eligible for higher depreciation rates. The orders of the CIT(A) were set aside, and the appeal of the assessee was allowed. en-us Wed, 06 Jan 2021 00:00:00 +0530 Tue, 04 May 2021 08:51:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407218 The delay in filing the appeal was condoned due to lockdown and pandemic reasons, leading to the admission of the appeal. The stay application by the appellant was dismissed as infructuous. Regarding the depreciation rate on biometric devices, the Tribunal ruled in favor of the appellant, determining that biometric systems qualify as computers and are eligible for higher depreciation rates. The orders of the CIT(A) were set aside, and the appeal of the assessee was allowed. Case-Laws Income Tax Wed, 06 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407218