https://www.taxtmi.com/caselaws?id=419421 The Tribunal initially dismissed the assessee's claim for higher depreciation on electric installations, considering them not integral to plant and machinery. The High Court remitted the issue back to the Tribunal to determine whether items listed under "electric installation" should be depreciated at 10% as electrical fittings or at 15% as plant and machinery. The Tribunal directed the assessee to provide specific functions performed by each item for a detailed examination by the Assessing Officer, with both appeals allowed for statistical purposes. en-us Thu, 23 Sep 2021 00:00:00 +0530 Fri, 11 Mar 2022 07:59:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419421 The Tribunal initially dismissed the assessee's claim for higher depreciation on electric installations, considering them not integral to plant and machinery. The High Court remitted the issue back to the Tribunal to determine whether items listed under "electric installation" should be depreciated at 10% as electrical fittings or at 15% as plant and machinery. The Tribunal directed the assessee to provide specific functions performed by each item for a detailed examination by the Assessing Officer, with both appeals allowed for statistical purposes. Case-Laws Income Tax Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419421