Depreciation allowed as plant & machinery on AC, telephone, office equipment

Himalaya Wellness Company Vs Deputy Commissioner of Income-tax (ITAT Bangalore)

There is no condition in section 32 that depreciation on plant and machinery is allowable only if they are used in the factory for manufacturing/production process. Assets like air conditioners, telephones, Samsung tab, office equipments and canteen equipments are in the nature of plant and machinery. Depreciation under section 32 is allowed.

Facts-

The asses

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