https://www.taxtmi.com/caselaws?id=70500 The Tribunal allowed the appeal filed by the Revenue, reversing the order passed by the Commissioner of Income-tax (Appeals). It held that hotel buildings cannot be considered as plant and machinery for claiming higher rates of depreciation, and depreciation would be allowable only at ordinary rates prescribed for buildings. en-us Tue, 14 Oct 1997 00:00:00 +0530 Sat, 16 Apr 2011 14:44:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70500 The Tribunal allowed the appeal filed by the Revenue, reversing the order passed by the Commissioner of Income-tax (Appeals). It held that hotel buildings cannot be considered as plant and machinery for claiming higher rates of depreciation, and depreciation would be allowable only at ordinary rates prescribed for buildings. Case-Laws Income Tax Tue, 14 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70500