https://www.taxtmi.com/caselaws?id=4451 The High Court affirmed the Tribunal's decision that the nursing home could not be classified as a plant for depreciation purposes. The Court also upheld the rejection of the claim that the nursing home could be treated as a hotel for depreciation, ruling in favor of the Revenue. The Court emphasized that the applicant failed to raise the plant classification argument before the lower authorities, and therefore, it was not justifiable to consider the entire nursing home as a plant. The High Court concluded that the Tribunal's decision was justified, and the plea for depreciation as a hotel was not entertained. en-us Mon, 12 Mar 2007 00:00:00 +0530 Sat, 26 Jul 2008 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4451 The High Court affirmed the Tribunal's decision that the nursing home could not be classified as a plant for depreciation purposes. The Court also upheld the rejection of the claim that the nursing home could be treated as a hotel for depreciation, ruling in favor of the Revenue. The Court emphasized that the applicant failed to raise the plant classification argument before the lower authorities, and therefore, it was not justifiable to consider the entire nursing home as a plant. The High Court concluded that the Tribunal's decision was justified, and the plea for depreciation as a hotel was not entertained. Case-Laws Income Tax Mon, 12 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4451