https://www.taxtmi.com/caselaws?id=64267 The ITAT Delhi-C allowed the appeal, directing the Assessing Officer to grant 100% depreciation under the first proviso to s. 32(1)(ii) of the IT Act for individual construction materials. The Tribunal held that each item of construction material should be considered a separate plant for depreciation purposes, as they could be used individually based on construction needs. The decision was based on the individual usability of each item and the cost criteria specified in the Act, distinguishing cases where bulk items were considered a single plant. en-us Fri, 24 Feb 1995 00:00:00 +0530 Sat, 05 Feb 2011 17:10:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64267 The ITAT Delhi-C allowed the appeal, directing the Assessing Officer to grant 100% depreciation under the first proviso to s. 32(1)(ii) of the IT Act for individual construction materials. The Tribunal held that each item of construction material should be considered a separate plant for depreciation purposes, as they could be used individually based on construction needs. The decision was based on the individual usability of each item and the cost criteria specified in the Act, distinguishing cases where bulk items were considered a single plant. Case-Laws Income Tax Fri, 24 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64267