https://www.taxtmi.com/caselaws?id=7642 Electrical installations introduced in the conversion from D.C. to A.C. were treated as plant because the statutory definition of plant was construed broadly to include apparatus used for business, and the same meaning applied across related depreciation and rebate provisions. Poles, cables, conductors and switch-boards used for electricity distribution were therefore plant, and prior allowance of depreciation on such items supported that view. As the equipment was brought into position for use in the business, the installation requirement was satisfied, and development rebate was admissible on the expenditure incurred. en-us Tue, 07 Oct 1969 00:00:00 +0530 Tue, 17 Mar 2009 08:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7642 Electrical installations introduced in the conversion from D.C. to A.C. were treated as plant because the statutory definition of plant was construed broadly to include apparatus used for business, and the same meaning applied across related depreciation and rebate provisions. Poles, cables, conductors and switch-boards used for electricity distribution were therefore plant, and prior allowance of depreciation on such items supported that view. As the equipment was brought into position for use in the business, the installation requirement was satisfied, and development rebate was admissible on the expenditure incurred. Case-Laws Income Tax Tue, 07 Oct 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7642