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Poultry Sheds used for the business of hatching constitutes ‘Plant’ for the purpose of depreciation under section 32
Case Law Details
- Case Name
- CIT Vs Shivalik Hatcheries Pvt. Ltd. (Himachal Pradesh High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Himachal Pradesh HC
CIT Vs Shivalik Hatcheries Pvt. Ltd.
High Court of Himachal Pradesh
I.T.A No. 21 of 2005
Deepak Gupta and Sanjay Karol, JJ
Decided on: 16 February 2011
Judgement
Deepak Gupta, J.(Oral)
This appeal was admitted on the following substantial question of law:-
1. Whether on the facts and circumstances of the case the Hon’ble Tribunal was right in law holding that Poultry Sheds used for the business of hatching constitute ‘Plant’ for the purpose of granting depreciation particularly in the light of decisions of the Hon’ble Supreme Court in the following cases wherein it has been specificall...
Can we say that the poultry structures or sheds manufactured do not fall under excise? in my opinion from above judgement it is cleared that the plant or shed is designed for better productivity of birds.