Difference between Plant & Machinery & Electrical Installation, Other Topics

[Neeraj Agarwala]

What is the basic difference between Plant & Machinery & Electrical Installation , Can Electrical Installation can be considered as the part of Plant & Machinery.

Posts / Replies

[Rama Krishana]

If you are talking about depreciation under Income Tax Act - Electrical equipments are included under various sub-groups of group Plant and Machinery. If not specified under the specific inclusions, such electrical equipments or installations would be part of plant and machinery and subject to depreciation accordingly.