https://www.taxtmi.com/caselaws?id=12997 The court ruled that electrical installations and sanitary fittings in a hotel building are classified as "plant" and not part of the building for depreciation purposes. The Tribunal's decision to disallow initial depreciation for these fittings was upheld, stating that even though fixed to the building, they do not become part of it. The court favored the Revenue, denying the assessee's claim for higher initial depreciation under section 32(1)(v) of the Income-tax Act, 1961. The judgment emphasized that such fittings are considered tangible assets separate from the building itself. en-us Fri, 07 Sep 2001 00:00:00 +0530 Mon, 25 May 2009 18:03:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12997 The court ruled that electrical installations and sanitary fittings in a hotel building are classified as "plant" and not part of the building for depreciation purposes. The Tribunal's decision to disallow initial depreciation for these fittings was upheld, stating that even though fixed to the building, they do not become part of it. The court favored the Revenue, denying the assessee's claim for higher initial depreciation under section 32(1)(v) of the Income-tax Act, 1961. The judgment emphasized that such fittings are considered tangible assets separate from the building itself. Case-Laws Income Tax Fri, 07 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12997