Difference between Plant & Machinery & Electrical Installation

[Neeraj Agarwala]

What is the basic difference between Plant & Machinery & Electrical Installation , Can Electrical Installation can be considered as the part of Plant & Machinery.

[Rama Krishana]

If you are talking about depreciation under Income Tax Act - Electrical equipments are included under various sub-groups of group Plant and Machinery. If not specified under the specific inclusions, such electrical equipments or installations would be part of plant and machinery and subject to depreciation accordingly.

AI Summary

Plant and machinery classification includes electrical installations for tax depreciation under tax law unless specifically excluded. Electrical equipment and installations are ordinarily treated as components of plant and machinery for tax depreciation when they fall within relevant sub groups or are not separately enumerated; absent express statutory specification to the contrary, such items attract the depreciation allowances applicable to plant and machinery.