https://www.taxtmi.com/caselaws?id=25299 Higher rebate on automobile ancillaries used in assembling the assessee's own cars was allowed because the point was already covered by an earlier decision on the same issue, which the court followed. A tube-well constructed during the assessment year was also treated as "plant" for development rebate purposes, since it was used to obtain water necessary for production and industrial labour. Applying the broad meaning of "plant" under section 43(3) of the Income-tax Act, 1961, and the analogous approach under the earlier Act, the court held that a business installation serving productive operations can qualify for development rebate. en-us Thu, 28 Jan 1988 00:00:00 +0530 Wed, 27 Jan 2010 17:19:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25299 Higher rebate on automobile ancillaries used in assembling the assessee's own cars was allowed because the point was already covered by an earlier decision on the same issue, which the court followed. A tube-well constructed during the assessment year was also treated as "plant" for development rebate purposes, since it was used to obtain water necessary for production and industrial labour. Applying the broad meaning of "plant" under section 43(3) of the Income-tax Act, 1961, and the analogous approach under the earlier Act, the court held that a business installation serving productive operations can qualify for development rebate. Case-Laws Income Tax Thu, 28 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25299