https://www.taxtmi.com/caselaws?id=69024 Electrical installations, including transformers and allied equipment in an acetic acid unit, were treated as plant because they formed part of the apparatus used in the manufacturing process under the functional test. As the installations were exposed to acetic acid fumes and a corrosive atmosphere, they fell within the special depreciation entry for machinery and plant coming into contact with corrosive chemicals. The general rate applicable to electrical machinery did not apply. The installations were therefore entitled to depreciation at 15% rather than 10%. en-us Mon, 27 Nov 1989 00:00:00 +0530 Mon, 04 Apr 2011 15:52:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69024 Electrical installations, including transformers and allied equipment in an acetic acid unit, were treated as plant because they formed part of the apparatus used in the manufacturing process under the functional test. As the installations were exposed to acetic acid fumes and a corrosive atmosphere, they fell within the special depreciation entry for machinery and plant coming into contact with corrosive chemicals. The general rate applicable to electrical machinery did not apply. The installations were therefore entitled to depreciation at 15% rather than 10%. Case-Laws Income Tax Mon, 27 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69024