https://www.taxtmi.com/caselaws?id=192844 Designs used for wallpaper and furnishing fabrics were treated as business tools, but not as plant because an extension of plant beyond a physical object would require higher judicial authority. By contrast, expenditure on acquiring or producing those designs was held, on a commercial and realistic construction, to be attributable to the provision of patterned blocks, screens and rollers used in manufacturing. Even where many designs were never transferred to finished apparatus, the design cost formed part of the expenditure on providing the patterned plant. The taxpayers therefore retained entitlement to the investment allowance in respect of that design expenditure. en-us Thu, 12 Dec 1968 00:00:00 +0530 Sat, 24 Jun 2017 13:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192844 Designs used for wallpaper and furnishing fabrics were treated as business tools, but not as plant because an extension of plant beyond a physical object would require higher judicial authority. By contrast, expenditure on acquiring or producing those designs was held, on a commercial and realistic construction, to be attributable to the provision of patterned blocks, screens and rollers used in manufacturing. Even where many designs were never transferred to finished apparatus, the design cost formed part of the expenditure on providing the patterned plant. The taxpayers therefore retained entitlement to the investment allowance in respect of that design expenditure. Case-Laws Income Tax Thu, 12 Dec 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192844