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of <h1>Definition of 'Ship' in Indian Law Includes Barges, Ocean-Going Vessels, and More Under Section 3(55) for Tax Purposes</h1> The term 'ship' under Indian law, specifically section 3(55) of the General Clauses Act, 1897, encompasses any vessel used in navigation that is not solely propelled by oars, thus including barges. Additionally, the Income-tax Rules, 1962, further elaborate on this definition by listing various types of ships, such as ocean-going ships, dredgers, tugs, and fishing vessels with wooden hulls, as eligible for depreciation. This broad interpretation is supported by a case involving the Deputy Commissioner of Income-Tax and a company, highlighting the inclusive nature of the term 'ship' for legal and taxation purposes.
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