https://www.taxtmi.com/caselaws?id=18967 The High Court ruled in favor of the assessee on multiple issues in the case. It classified the hotel building as "plant" for depreciation calculation, entitling the company to depreciation benefits. The court also classified the company as an industrial entity engaged in manufacturing, leading to a favorable tax rate. Additionally, deductions for municipal corporation tax and multi-storeyed building tax for earlier years were allowed. However, the question of whether food preparation in the hotel constitutes manufacturing was referred to a larger bench for resolution due to conflicting precedents. en-us Fri, 03 Jun 1994 00:00:00 +0530 Tue, 03 Nov 2009 11:16:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18967 The High Court ruled in favor of the assessee on multiple issues in the case. It classified the hotel building as "plant" for depreciation calculation, entitling the company to depreciation benefits. The court also classified the company as an industrial entity engaged in manufacturing, leading to a favorable tax rate. Additionally, deductions for municipal corporation tax and multi-storeyed building tax for earlier years were allowed. However, the question of whether food preparation in the hotel constitutes manufacturing was referred to a larger bench for resolution due to conflicting precedents. Case-Laws Income Tax Fri, 03 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18967