https://www.taxtmi.com/highlights?id=22005 It cannot be said that use of water is not necessary for manufacturing of sugar - the tube well including its machinery and building would be used for the purpose of business or profession would fall within the definition of word 'plant' and on which depreciation would be allowed u/s 32 (1) - HC en-us Wed, 04 Mar 2015 06:37:15 +0530 Wed, 04 Mar 2015 06:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22005 It cannot be said that use of water is not necessary for manufacturing of sugar - the tube well including its machinery and building would be used for the purpose of business or profession would fall within the definition of word 'plant' and on which depreciation would be allowed u/s 32 (1) - HC Highlights Income Tax Wed, 04 Mar 2015 06:37:15 +0530 https://www.taxtmi.com/highlights?id=22005