https://www.taxtmi.com/caselaws?id=307232 The Tribunal upheld the CIT(A)'s decision to allow depreciation at 60% on editing equipments classified as computers, rejecting the Revenue's challenge to the 25% rate set by the AO. Expert certifications and previous Tribunal decisions supported the classification of the assets as computers due to their integral role in computer systems. The Tribunal emphasized consistency in treatment and technical specifications, affirming the depreciation rate and dismissing the Revenue's appeal. en-us Wed, 12 Apr 2017 00:00:00 +0530 Wed, 29 Mar 2023 08:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307232 The Tribunal upheld the CIT(A)'s decision to allow depreciation at 60% on editing equipments classified as computers, rejecting the Revenue's challenge to the 25% rate set by the AO. Expert certifications and previous Tribunal decisions supported the classification of the assets as computers due to their integral role in computer systems. The Tribunal emphasized consistency in treatment and technical specifications, affirming the depreciation rate and dismissing the Revenue's appeal. Case-Laws Income Tax Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307232