Depreciation on Computer Peripherals

During the course of assessment the Assessing Officer has raised a query and asked the assessee to justify that :Why the depreciation on computer peripherals be not restricted to 25% instead of 60%?

Is there any case law in support of the the Assessee's contentions that depreciation on computer peripherals is admissible @ 60% and not 25%.?

How the same may be explained to convince the AO?

 

Replies (5)

What is the basis for the AO's contention?

He is of the Opinion that all peripherals , be it a modem, printer, scanner except CPU and Monitor should be depreciated @ 25%.

Dear Ramesh Sir,

For which A.Y. we are concern?

Can you bifurgate the amount of CPU + Monitor and others?

Regards

Originally posted by :CA RAMESH KUMAR AHUJA
" During the course of assessment the Assessing Officer has raised a query and asked the assessee to justify that :Why the depreciation on computer peripherals be not restricted to 25% instead of 60%?
Is there any case law in support of the the Assessee's contentions that depreciation on computer peripherals is admissible @ 60% and not 25%.?
How the same may be explained to convince the AO?
 
"


 

refer the case law " Samiran Majumdar Vs ITO" ITAT, Kolkata Bench

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