https://www.taxtmi.com/caselaws?id=168116 An inclusive statutory definition of "plant" that expressly covers vehicles was held to govern the development rebate provision, so motor-cars and bicycles used wholly for the business qualified as plant. The word "installed" was interpreted broadly to mean inducted or introduced into use, not confined to physical fixing to the ground. On that construction, movable business assets could satisfy the installation requirement and the assessee was entitled to development rebate on the vehicles. en-us Tue, 16 Jun 1959 00:00:00 +0530 Mon, 12 Jan 2015 16:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168116 An inclusive statutory definition of "plant" that expressly covers vehicles was held to govern the development rebate provision, so motor-cars and bicycles used wholly for the business qualified as plant. The word "installed" was interpreted broadly to mean inducted or introduced into use, not confined to physical fixing to the ground. On that construction, movable business assets could satisfy the installation requirement and the assessee was entitled to development rebate on the vehicles. Case-Laws Income Tax Tue, 16 Jun 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168116