https://www.taxtmi.com/caselaws?id=58371 Development rebate was considered available for two condensers received before the relevant cut-off date, even though they were not actually used during the year, because plant or machinery may be treated as put into use once it is ready for use. The controlling point was that actual replacement or physical deployment was not necessary where the machinery had been received and was fit for use. On that basis, the assessee was entitled to the development rebate on the condensers. en-us Wed, 12 May 1982 00:00:00 +0530 Sat, 18 Dec 2010 16:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58371 Development rebate was considered available for two condensers received before the relevant cut-off date, even though they were not actually used during the year, because plant or machinery may be treated as put into use once it is ready for use. The controlling point was that actual replacement or physical deployment was not necessary where the machinery had been received and was fit for use. On that basis, the assessee was entitled to the development rebate on the condensers. Case-Laws Income Tax Wed, 12 May 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58371