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2002 (5) TMI 12 - RAJASTHAN HIGH COURT"Whether, on the facts and in the circumstances of the case, the Tribunal was legally justified in confirming the order of the learned Commissioner of Income-tax (Appeals) and thereby directing grant of depreciation at 30 per cent. on rig machines not used for exploration of mineral oil as per item IIID(7) of the depreciation schedule." - the question referred by the Income-tax Appellate Tribunal is answered in favour of the Revenue and against the assessee.
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