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1992 (10) TMI 14 - HC - Income TaxExtract: .......the rate of depreciation applicable would be ten per cent. and not five per cent. The questions, therefore, are answered as follows Question No. 1 In the affirmative and in favour of the assessee Question No. 2 In the affirmative and in favour of the assessee and Question No. 3 In the affirmative and in favour of the assessee. No order as to costs.
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