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Income Tax - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

Claim of higher depreciation of ‘Bizerba weighing scales’ - A ...

Case Laws     Income Tax

March 26, 2021

Claim of higher depreciation of ‘Bizerba weighing scales’ - A photocopy (xerox) machine can also be attached to a computer, however, that does not entitle it for depreciation @ 60%. CIT(A) has allowed assessee’s claim of depreciation on the weighing scales without proper reasoning. Therefore, while allowing assessee’s claim of depreciation on printer, router, scanner, switches, etc. We uphold disallowance of assessee’s claim of depreciation on bizerba weighing scales @ 60%. - AT

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