Dismissing the appeal of the revenue the Court held that, UPS is Component/equipment connected with computer- Entitle to 60 per cent depreciation. (AY. 2008-09)
PCIT v. Goa Tourism Development Ltd. (2019) 261 Taxman 500 (Bom.)(HC)
S. 32 : Depreciation–UPS-Component/equipment connected with computer- Entitle to 60 SLP of revenue is dismissed; CIT v. Bajaj Hindustan Ltd. (2019) 261 Taxman 558 (SC)per cent depreciation.