Definition of 'plant' given under section 66(17) of the Income-tax Act, 2025 does not include

Under section 66(17) of the Income-tax Act, 2025 (an interpretation clause for computing profits and gains of business or profession), "plant" includes ships, vehicles, books, scientific apparatus and surgical equipment used for the business or profession, but does not include tea bushes, livestock, buildings or furniture and fittings. Tea bushes are therefore excluded even though they are used in the business, while ships, vehicles and scientific apparatus and surgical equipment fall within the definition. (Formerly s.43(3) of the 1961 Act.)