{"id":25432,"date":"2022-03-12T16:35:26","date_gmt":"2022-03-12T11:05:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/nlc-india-ltd-v-dy-cit-2021-87-itr-121-chennaitrib\/"},"modified":"2022-03-12T16:35:26","modified_gmt":"2022-03-12T11:05:26","slug":"nlc-india-ltd-v-dy-cit-2021-87-itr-121-chennaitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/nlc-india-ltd-v-dy-cit-2021-87-itr-121-chennaitrib\/","title":{"rendered":"NLC India Ltd. v. Dy.CIT (2021) 87 ITR 121 (Chennai)(Trib.)"},"content":{"rendered":"<p>Held that UPS (uninterrupted power supply system) is entitle to depreciation at the rate of 60 per cent. on the ground that it was not a part of computer system. Civil structure for water supply and drainage is part of plant and machinery hence entitled to depreciation at 15 Per Cent. (AY.2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-Uninterrupted power supply system-Part of computer-Entitled to depreciation at  60 Per Cent-Civil structure for water supply and drainage-Part of  plant and machinery-Entitled to depreciation at 15 Per Cent.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-25432","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6Cc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=25432"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25432\/revisions"}],"predecessor-version":[{"id":25433,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25432\/revisions\/25433"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}