https://www.taxtmi.com/caselaws?id=58838 The Appellate Tribunal determined that the structure's lower levels involved in the manufacturing process qualified as plants eligible for investment allowance and depreciation at 10%. However, ground level activities were considered part of business operations and not the plant, resulting in partial allowance of the appeal. The decision emphasized the functional significance of each level in the manufacturing process to distinguish between a building and a plant, ensuring the assessee's entitlement to investment allowance on eligible expenditures. en-us Mon, 05 Mar 1984 00:00:00 +0530 Wed, 22 Dec 2010 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58838 The Appellate Tribunal determined that the structure's lower levels involved in the manufacturing process qualified as plants eligible for investment allowance and depreciation at 10%. However, ground level activities were considered part of business operations and not the plant, resulting in partial allowance of the appeal. The decision emphasized the functional significance of each level in the manufacturing process to distinguish between a building and a plant, ensuring the assessee's entitlement to investment allowance on eligible expenditures. Case-Laws Income Tax Mon, 05 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58838