https://www.taxtmi.com/caselaws?id=168115 Buses and lorries fall within the statutory definition of "plant", which expressly includes vehicles, and the word "installed" in the development rebate provision is not limited to immovable fixtures. For mobile plant, installation is complete when the asset is placed in position for service or use. As buses and lorries were purchased and put on the road for business use, they were treated as installed plant and development rebate was allowable on them. en-us Mon, 26 Oct 1959 00:00:00 +0530 Mon, 12 Jan 2015 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168115 Buses and lorries fall within the statutory definition of "plant", which expressly includes vehicles, and the word "installed" in the development rebate provision is not limited to immovable fixtures. For mobile plant, installation is complete when the asset is placed in position for service or use. As buses and lorries were purchased and put on the road for business use, they were treated as installed plant and development rebate was allowable on them. Case-Laws Income Tax Mon, 26 Oct 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168115