https://www.taxtmi.com/caselaws?id=173067 A hotel building specially designed or equipped for business does not become "plant" merely because of its fittings and equipment, so higher depreciation applicable to plant was unavailable. On the same reasoning, a hotel that does not manufacture articles or things is not an industrial undertaking for investment allowance purposes. The depreciation claim and investment allowance claim therefore failed, and the answer was against the assessee and in favour of the Revenue. en-us Thu, 08 Aug 2002 00:00:00 +0530 Tue, 08 Sep 2015 15:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173067 A hotel building specially designed or equipped for business does not become "plant" merely because of its fittings and equipment, so higher depreciation applicable to plant was unavailable. On the same reasoning, a hotel that does not manufacture articles or things is not an industrial undertaking for investment allowance purposes. The depreciation claim and investment allowance claim therefore failed, and the answer was against the assessee and in favour of the Revenue. Case-Laws Income Tax Thu, 08 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173067