https://www.taxtmi.com/caselaws?id=17135 The court determined that both the hotel building and the theatre building qualify as "plant" under section 43(3) of the Income-tax Act, 1961. It held that if a building plays an essential role in the business and is more than just a setting, it qualifies as a "plant." The court emphasized the functional test and rejected the notion that buildings and plants are mutually exclusive. The case was remanded to the Division Benches for final disposal of the income-tax references. en-us Wed, 11 Mar 1998 00:00:00 +0530 Tue, 15 Sep 2009 13:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17135 The court determined that both the hotel building and the theatre building qualify as "plant" under section 43(3) of the Income-tax Act, 1961. It held that if a building plays an essential role in the business and is more than just a setting, it qualifies as a "plant." The court emphasized the functional test and rejected the notion that buildings and plants are mutually exclusive. The case was remanded to the Division Benches for final disposal of the income-tax references. Case-Laws Income Tax Wed, 11 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17135