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1994 (12) TMI 46 - HC - Income TaxExtract: .......cts of the present case, we find it difficult to hold that fans installed in the office premises of the assessee do not constitute plant or machinery eligible for depreciation under section 32 of the Act. In view of the above, the second question is also answered in the affirmative and in favour of the assessee. There shall be no order as to costs.
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