1978 (9) TMI 76

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....ch governs both the years under appeal relates to the claim of development rebate on electrical installation amounting to Rs. 9,471 for the asst. yr.1972-73 and Rs. 2,710 for the asst. yr. 1973-74. The assessee had claimed development rebate on electrical fittings and installation as indicated above and the claim was rejected by the authorities below on the ground that the electrical installations....

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....ness. It is not necessarily confined to an apparatus which is used for mechanical operation or processes or is employed in mechanical or industrial business. It would not, however, cover the stock-in-trade, that is, goods bought or made for sale by a businessman. It would also not include an article which is merely a part of the premises in which the business is carried on. An article to qualify a....