https://www.taxtmi.com/caselaws?id=11883 Structural steel and tubular structures owned and integrally used in a manufacturing undertaking fall within the broad, functional meaning of "plant" under the Income-tax Act. Their use in the industrial process supports treatment as plant and machinery, even where the manufactured goods are used for construction and are not sold by the manufacturer. This classification permits depreciation applicable to plant and machinery, including depreciation at 30 per cent where claimed on that basis. en-us Tue, 22 Apr 2003 00:00:00 +0530 Wed, 10 Feb 2010 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11883 Structural steel and tubular structures owned and integrally used in a manufacturing undertaking fall within the broad, functional meaning of "plant" under the Income-tax Act. Their use in the industrial process supports treatment as plant and machinery, even where the manufactured goods are used for construction and are not sold by the manufacturer. This classification permits depreciation applicable to plant and machinery, including depreciation at 30 per cent where claimed on that basis. Case-Laws Income Tax Tue, 22 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11883