https://www.taxtmi.com/caselaws?id=15808 The High Court ruled that roads and culverts should be treated as buildings, not plants, for depreciation purposes, while drainage could be considered part of the plant. Development rebate was allowed for water supply and library books, separate from depreciation considerations, as the entire cost was not already deducted. The court held in favor of the assessee on both issues, allowing development rebate on the mentioned assets. The reference was disposed of with no costs awarded. en-us Wed, 23 Dec 1998 00:00:00 +0530 Sat, 29 Aug 2009 12:28:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15808 The High Court ruled that roads and culverts should be treated as buildings, not plants, for depreciation purposes, while drainage could be considered part of the plant. Development rebate was allowed for water supply and library books, separate from depreciation considerations, as the entire cost was not already deducted. The court held in favor of the assessee on both issues, allowing development rebate on the mentioned assets. The reference was disposed of with no costs awarded. Case-Laws Income Tax Wed, 23 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15808