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2001 (12) TMI 879 - HC - Income TaxExtract: .......or its rigs and compressors. The extent of the depreciation actually allowed after the rectification was in conformity with the law which law has been subsequently declared by the decision of this Court in Tamil Nadu Agro Industries Corpn.’s case (supra). 7. We, therefore, answer the question in favour of the Revenue and against the assessee.
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