https://www.taxtmi.com/caselaws?id=197330 Rule 8 of the Indian Income Tax Rules, 1922 was construed broadly for electric supply undertakings, so that comprehensive words covering plant and machinery included overhead cables and wires unless expressly excluded. The special depreciation entry for such undertakings was treated as a consolidated provision, and the omission to mention cables and wires separately did not confine the allowance to the lower rate. On that construction, depreciation at 10% was available, and the departmental view limiting it to 5% was rejected. en-us Sun, 07 Mar 1965 00:00:00 +0530 Wed, 03 Jan 2018 16:06:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197330 Rule 8 of the Indian Income Tax Rules, 1922 was construed broadly for electric supply undertakings, so that comprehensive words covering plant and machinery included overhead cables and wires unless expressly excluded. The special depreciation entry for such undertakings was treated as a consolidated provision, and the omission to mention cables and wires separately did not confine the allowance to the lower rate. On that construction, depreciation at 10% was available, and the departmental view limiting it to 5% was rejected. Case-Laws Income Tax Sun, 07 Mar 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197330