TMI BlogATMs Recognized as Computers for Tax Depreciation, Eligible for 60% Depreciation Rate Under Income Tax Laws.Additional depreciation on ATMs - whether Automated Teller Machines are substantially in the nature of computers - Held Yes - AO directed to allow depreciation @ 60% to ATMs - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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