https://www.taxtmi.com/caselaws?id=295300 The High Court upheld the Income Tax Appellate Tribunal's decision to grant depreciation at 60% on computers and peripherals for the Assessment Year 2007-08, dismissing the Revenue's appeal. The Court considered various items as computer peripherals eligible for higher depreciation rates based on factual determinations and previous case law. Additionally, despite a 395-day delay in re-filing the appeal, the Court deemed it unnecessary to issue notice on the application, resulting in the application and appeal being treated as dismissed without further examination. en-us Wed, 24 Dec 2014 00:00:00 +0530 Fri, 28 May 2021 08:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295300 The High Court upheld the Income Tax Appellate Tribunal's decision to grant depreciation at 60% on computers and peripherals for the Assessment Year 2007-08, dismissing the Revenue's appeal. The Court considered various items as computer peripherals eligible for higher depreciation rates based on factual determinations and previous case law. Additionally, despite a 395-day delay in re-filing the appeal, the Court deemed it unnecessary to issue notice on the application, resulting in the application and appeal being treated as dismissed without further examination. Case-Laws Income Tax Wed, 24 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295300