https://www.taxtmi.com/caselaws?id=27211 The court upheld the decision of the Appellate Assistant Commissioner to allow depreciation on fibre glass in a cold storage plant at a rate of 10% applicable to machinery and plant, dismissing the Revenue's appeal. The court declined the Revenue's request to refer the question of changing the character of the fibre glass from 'building' to 'machinery' for opinion, stating it was unnecessary based on established legal precedents. The court concluded that such a reference would serve no useful purpose and assessed costs at Rs. 125. en-us Fri, 14 Sep 1984 00:00:00 +0530 Thu, 11 Feb 2010 15:18:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27211 The court upheld the decision of the Appellate Assistant Commissioner to allow depreciation on fibre glass in a cold storage plant at a rate of 10% applicable to machinery and plant, dismissing the Revenue's appeal. The court declined the Revenue's request to refer the question of changing the character of the fibre glass from 'building' to 'machinery' for opinion, stating it was unnecessary based on established legal precedents. The court concluded that such a reference would serve no useful purpose and assessed costs at Rs. 125. Case-Laws Income Tax Fri, 14 Sep 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27211