https://www.taxtmi.com/caselaws?id=11633 Depreciation classification depends on the normal and intended functional use of the machinery. Equipment used in road construction that prepares mix or finishes the road surface, but does not move or shift earth, is not "earth-moving machinery" for higher depreciation. A hot mixing plant and a paver finishing machine were therefore treated as road-making plant and machinery under the relevant entry in Appendix I to the Income-tax Rules, 1962, attracting depreciation at 15 per cent rather than 30 per cent. en-us Wed, 25 Jun 2003 00:00:00 +0530 Wed, 03 Feb 2010 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11633 Depreciation classification depends on the normal and intended functional use of the machinery. Equipment used in road construction that prepares mix or finishes the road surface, but does not move or shift earth, is not "earth-moving machinery" for higher depreciation. A hot mixing plant and a paver finishing machine were therefore treated as road-making plant and machinery under the relevant entry in Appendix I to the Income-tax Rules, 1962, attracting depreciation at 15 per cent rather than 30 per cent. Case-Laws Income Tax Wed, 25 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11633