https://www.taxtmi.com/caselaws?id=66514 Machinery used in beer manufacture may qualify for higher depreciation where the processing involves chemical changes and corrosive substances come into contact with the plant. On spot inspection and evidence about the stages of manufacture, raw materials, acidity levels and the effect of brine, carbon dioxide and other substances, it was found that most machinery was exposed to corrosive chemicals during production. The note distinguishes contrary High Court authority on materially different facts and records that the higher rate applied to all machinery except specific items not shown to have such contact. en-us Mon, 31 Oct 1988 00:00:00 +0530 Sat, 26 Feb 2011 12:37:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66514 Machinery used in beer manufacture may qualify for higher depreciation where the processing involves chemical changes and corrosive substances come into contact with the plant. On spot inspection and evidence about the stages of manufacture, raw materials, acidity levels and the effect of brine, carbon dioxide and other substances, it was found that most machinery was exposed to corrosive chemicals during production. The note distinguishes contrary High Court authority on materially different facts and records that the higher rate applied to all machinery except specific items not shown to have such contact. Case-Laws Income Tax Mon, 31 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66514