2018 (4) TMI 1871

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....espondent : Shri Prasoon Kabra, Sr. D.R. Per N.K. Billaiya, Accountant Member: 1. ITA Nos. 811/Ahd/2017 & 376/Ahd/2017 are two separate appeals by the Assessee preferred against two separate orders of the Ld. CIT(A)-3, Vadodara dated 30.11.2016 & 02.02.2017 pertaining to A.Ys. 2012-13 & 2013-14 respectively. 2. The underlying facts in issues are identical in both the years, therefore both....

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....llowable @ 15% 1 Digital Multi function 73601 44161 11040 2 Digital Multi function 73601 44161 11040 3 Digital Multi function 19162 11497 2874 4 Digital Multi function 34912 20947 5237 S Digital Multi function 27562 16537 4134 6 Digital Multi function 47775 28665 7166 7 Digital Multi function [JI1262....

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....inion that the applicable rate of depreciation is 15% and accordingly computed the excess depreciation at Rs. 29,35,153/-. 7. Assessee carried the matter before the ld. CIT(A) and vehemently submitted that the impugned assets are computer peripherals and therefore the applicable rate of depreciation is 60%. 8. After considering the facts and the submissions, the ld. CIT(A) was convinced with....

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....assessee has separately shown photo-copiers and has claimed depreciation @ 15% only. This can be seen from the schedule of fixed assets and depreciation exhibited at page 23 of the paper book. 12. The impugned assets on which the dispute arose are multifaceted printers having dimensional functions but at the same time, the impugned assets are printers and are part and parcel of the computer sys....