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![Madras HC disallows depreciation on Computerised counting machine under the head ‘Computer & Computer peripherals’ [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Madras HC disallows depreciation on Computerised counting machine under the head ‘Computer & Computer peripherals’ [Read Judgment]")
Madras HC disallows depreciation on Computerised counting machine under the head ‘Computer & Computer peripherals’ [Read Judgment]
In a recent decision, the Madras High Court held that depreciation is not allowable to items such as Scanner, Computerised counting machine, CTP...