https://www.taxtmi.com/caselaws?id=69130 The ITAT partially allowed the appeal regarding the claim for investment allowance on cages used in a poultry farm. It held that the cages could be classified as plant and machinery, emphasizing a broad interpretation of the term 'plant' under the Income-tax Act. The eligibility for investment allowance under section 32A was referred back to the ITO for assessment. Additionally, the decision to disallow higher depreciation on poultry farm buildings was upheld based on previous rulings that these buildings did not qualify as Class III factory buildings. en-us Mon, 23 Jun 1986 00:00:00 +0530 Mon, 13 Jun 2011 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69130 The ITAT partially allowed the appeal regarding the claim for investment allowance on cages used in a poultry farm. It held that the cages could be classified as plant and machinery, emphasizing a broad interpretation of the term 'plant' under the Income-tax Act. The eligibility for investment allowance under section 32A was referred back to the ITO for assessment. Additionally, the decision to disallow higher depreciation on poultry farm buildings was upheld based on previous rulings that these buildings did not qualify as Class III factory buildings. Case-Laws Income Tax Mon, 23 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69130