https://www.taxtmi.com/caselaws?id=37828 The court held that part of the payments were for designs, drawings, plans, and technical data, contrary to the Tribunal's finding that they were for diverse considerations. Designs and blue-prints were classified as "plant" for depreciation allowance under section 32 of the Income-tax Act, 1961, as they were deemed essential for the factory's construction. The court's decision favored recognizing designs and blue-prints as "plant" for depreciation purposes. Each party was instructed to cover their own costs. en-us Thu, 13 Jul 1978 00:00:00 +0530 Thu, 01 Apr 2010 12:43:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37828 The court held that part of the payments were for designs, drawings, plans, and technical data, contrary to the Tribunal's finding that they were for diverse considerations. Designs and blue-prints were classified as "plant" for depreciation allowance under section 32 of the Income-tax Act, 1961, as they were deemed essential for the factory's construction. The court's decision favored recognizing designs and blue-prints as "plant" for depreciation purposes. Each party was instructed to cover their own costs. Case-Laws Income Tax Thu, 13 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37828