Dismissing the appeal of the assessee ,the Tribunal held that , the Film projector is eligible depreciation at 15% and cannot be said to be computer which is eligible for higher rate of depreciation @ 60%. ( AY. 2013-14)
Cinetech Entertainment India ( P) Ltd v. ITO (2018) 169 ITD 218 (Mum) (Trib.)
S. 32: Depreciation -Computer- Film projector cannot be said to be computer eligible for higher rate of depreciation @ 60%.