https://www.taxtmi.com/caselaws?id=191002 An air-conditioning plant fixed in a bus was treated as an integral part of the motor bus, so depreciation was to follow the rate applicable to the bus rather than the separate rate for air-conditioning plants. The Delhi High Court noted that an earlier Division Bench had already taken the same view in connected matters involving the same assessee, and on that basis held that the proposed reference did not raise a referable question of law under the Income-tax Act. The reference application was dismissed and the Tribunal's depreciation treatment was left undisturbed. en-us Wed, 12 Mar 1986 00:00:00 +0530 Thu, 16 Mar 2017 17:19:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191002 An air-conditioning plant fixed in a bus was treated as an integral part of the motor bus, so depreciation was to follow the rate applicable to the bus rather than the separate rate for air-conditioning plants. The Delhi High Court noted that an earlier Division Bench had already taken the same view in connected matters involving the same assessee, and on that basis held that the proposed reference did not raise a referable question of law under the Income-tax Act. The reference application was dismissed and the Tribunal's depreciation treatment was left undisturbed. Case-Laws Income Tax Wed, 12 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191002