https://www.taxtmi.com/caselaws?id=36247 The court held that technical know-how in physical form like blueprints, instructions, etc., constitutes 'plant' for depreciation purposes under section 32. The decision was based on the necessity of technical knowledge for business operations and aligned with previous High Court rulings. The assessee was entitled to depreciation and development rebate on the technical know-how, following the Gujarat High Court precedent. en-us Thu, 20 Mar 1980 00:00:00 +0530 Sat, 20 Mar 2010 12:25:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36247 The court held that technical know-how in physical form like blueprints, instructions, etc., constitutes 'plant' for depreciation purposes under section 32. The decision was based on the necessity of technical knowledge for business operations and aligned with previous High Court rulings. The assessee was entitled to depreciation and development rebate on the technical know-how, following the Gujarat High Court precedent. Case-Laws Income Tax Thu, 20 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36247