Assessen is  engaged in business of operation of golf course, construction of hotels and housing complex.-It  claimed depreciation on golf course at rate of 15 per cent considering it as plant and machinery. The AO golf course was developed on land and whatever improvement was made on that land, it remained as a land and land being not a depreciable assets, he disallowed depreciation. Tribunal held that golf course was a plant and machinery and assessee was eligible for depreciation thereon at rate of 15 per cent.  (AY. 2013-14, 2014-15, 2016-17)