https://www.taxtmi.com/caselaws?id=21148 Roads constructed within factory premises are treated as buildings, not plant, for depreciation and development rebate purposes. The applicable principle classifies internal factory roads within the building category rather than as machinery or apparatus qualifying as plant. Consequently, depreciation and development rebate must be determined on the basis applicable to buildings. en-us Mon, 25 Jan 1993 00:00:00 +0530 Fri, 20 Nov 2009 13:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21148 Roads constructed within factory premises are treated as buildings, not plant, for depreciation and development rebate purposes. The applicable principle classifies internal factory roads within the building category rather than as machinery or apparatus qualifying as plant. Consequently, depreciation and development rebate must be determined on the basis applicable to buildings. Case-Laws Income Tax Mon, 25 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21148