https://www.taxtmi.com/caselaws?id=21265 The court held that the entire cinema theatre, including various parts and fixtures, does not qualify as "plant" under the Income-tax Act. However, specific components within the auditorium, such as walls, ceilings, wooden panelling, and chairs, were deemed to be "plant" as they were essential for business operations. The court applied the functional test and referenced relevant cases to support its decision. Ultimately, the judgment favored the Revenue regarding the cinema theatre as a whole but ruled against the Revenue concerning specific components within the auditorium. en-us Thu, 29 Sep 1988 00:00:00 +0530 Sat, 21 Nov 2009 11:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21265 The court held that the entire cinema theatre, including various parts and fixtures, does not qualify as "plant" under the Income-tax Act. However, specific components within the auditorium, such as walls, ceilings, wooden panelling, and chairs, were deemed to be "plant" as they were essential for business operations. The court applied the functional test and referenced relevant cases to support its decision. Ultimately, the judgment favored the Revenue regarding the cinema theatre as a whole but ruled against the Revenue concerning specific components within the auditorium. Case-Laws Income Tax Thu, 29 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21265