https://www.taxtmi.com/caselaws?id=188498 Bonus paid to an employee was treated as expenditure wholly and exclusively laid out for the plantation business, so it qualified for deduction under section 5(e) of the Madras Plantations Agricultural Income-tax Act, 1955. For depreciation, machinery used only during the seasonal working period was held eligible for full allowance under section 5(f) and rule 4(3) because the relevant test was availability for use throughout the working season, not actual operation for the entire year. A strict time-apportionment approach was rejected where the machinery was not diverted to any other use. en-us Wed, 27 Jan 1960 00:00:00 +0530 Sat, 03 Dec 2016 11:20:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188498 Bonus paid to an employee was treated as expenditure wholly and exclusively laid out for the plantation business, so it qualified for deduction under section 5(e) of the Madras Plantations Agricultural Income-tax Act, 1955. For depreciation, machinery used only during the seasonal working period was held eligible for full allowance under section 5(f) and rule 4(3) because the relevant test was availability for use throughout the working season, not actual operation for the entire year. A strict time-apportionment approach was rejected where the machinery was not diverted to any other use. Case-Laws Income Tax Wed, 27 Jan 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188498