1985 (5) TMI 111

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....and depreciation allowed at the rate applicable to a plant. Alternative claims are that: (a) the building should be treated as 2nd class construction, and, (b) the cost incurred on plaster of paris and decoration should be treated as on a plant and depreciation allowed at the rate applicable to a plant. The claim of the assessee had been negatived by CIT(A) on the ground that the cinema b....

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....man 155 (Ahd. Trib) and also referred to the certificate of the insurance Co. at page 4. On the last issue, he relied on 50 Taxation Sec. VI page 25 and Taxman 602 Trib. 3. The learned departmental representative relying on the orders of the authorities below, vehemently argued that the claim of the assessee cannot be accepted at all. We have heard the parties extensively. On the fist issue the....