{"id":43882,"date":"2024-06-24T16:40:09","date_gmt":"2024-06-24T11:10:09","guid":{"rendered":"https:\/\/itatonline.org\/digest\/robotix-learning-solutions-p-ltd-v-ito-2023-201-itd-179-chennai-trib\/"},"modified":"2024-06-24T16:40:09","modified_gmt":"2024-06-24T11:10:09","slug":"robotix-learning-solutions-p-ltd-v-ito-2023-201-itd-179-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/robotix-learning-solutions-p-ltd-v-ito-2023-201-itd-179-chennai-trib\/","title":{"rendered":"Robotix Learning Solutions (P.) Ltd. v. ITO (2023) 201 ITD 179 (Chennai) (Trib.)"},"content":{"rendered":"<p>Assessee purchased robotix kits for business use which were operated by computers. Assessee claimed depreciation\u00a0 on kits at 60 per cent. Assessing Officer\u00a0 allowed\u00a0 at the\u00a0 rate of 15 % only. Tribunal affirmed the order of the Assessing Officer.\u00a0 \u00a0Expenditure incurred in one year could not be claimed in any other year and depreciation was to be claimed in year under consideration only, impugned prior period depreciation could not be allowed.\u00a0 As regards travelling expenses considering\u00a0\u00a0 Self made vouchers the Tribunal restricted the\u00a0 disallowance\u00a0 restricted to 10%.\u00a0 (AY. 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-Robotix kits-Not computer-Entitle to deprecation at 15 percent only-Prior period expenses-Depreciation is not allowable-Travelling expenses-Self made vouchers-Disallowance is restricted to 10%.  [S. 37(1)] <\/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-43882","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bpM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43882","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=43882"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43882\/revisions"}],"predecessor-version":[{"id":43883,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43882\/revisions\/43883"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}