Capital work-in-progress cannot be part of plant and machinery

IT : Capital work-in-progress cannot be part of plant and machinery - In terms of provisions of section 80-IA(4)(iv)(c), expenditure incurred on capital work-in-progress could not be treated as part of value of renovation and modernisation of plant and machinary - [2012] 25 taxmann.com 215 (Bangalore - Trib.)