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1995 (2) TMI 48 - HC - Income TaxExtract: .......ealised including the price of stones as hire charges from customers, and that is why the assessee is not entitled to depreciation at 40 per cent. and depreciation at 30 per cent. is allowable in the case of motor lorries of the assessee. Accordingly, the reference is answered in favour of the Revenue and against the assessee. No order as to costs.
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