High Court Confirms Jetty as Non-Plant Asset, Allows 100% Depreciation for Tax Purposes.

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....100% Depreciation on "Jetty" - The main function of a Jetty was to provide a passage or, a platform to ferry articles onto the concerned Vessels. This could have been done manually. That it was done by using a conveyor belt, would not, to our minds, convert a Jetty into a plant - 100% Depreciation allowed - HC....