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TMI Blog2013 (10) TMI 1460X X X X Extracts X X X X X X X X Extracts X X X X ..... R R. S. SYAL, AM. This appeal by the Revenue arises out of the order passed by the CIT (A) on 03.11.2011 in relation to the assessment year 2008-09. 2. First ground of the appeal is against the deletion of addition of ₹ 17,55,103/- on account of bonus paid to the directors of the company. Briefly stated the facts of this ground that the assessee paid such amount as bonus to its directors. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exceeding 3%. It is further relevant to note that the assessee paid remuneration of ₹ 1.06 crores to these directors, who were paid bonus of ₹ 17.55 lacs in addition to that. The AO has allowed deduction on account of remuneration paid to the directors without any hitch. Further, the assessee company paid bonus to all employees including directors. It is paramount to record that the d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wed. 4. The only other ground is against the deletion of addition of ₹ 190972/- on account of extra depreciation claimed on computers peripherals. The assessee claimed depreciation on computers at the rate of 60% amounting to ₹ 14.33 lacs. On being called upon to justify the higher rate of depreciation on computer peripherals, the assessee relied on certain decisions, as have been men ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... integral part of the computers and are hence eligible for depreciation @ of 60% as applicable to computers. Other decisions relied on by the ld. AR, including ITO vs. Samiran Majumdar (2006) 98 ITD 119 (Kol), also fortify the same view. The ld. DR could not point out any contrary decision. Respectfully following the precedents, we uphold the impugned order on this issue. 6. In the result, the ap ..... X X X X Extracts X X X X X X X X Extracts X X X X
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