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1991 (5) TMI 36 - HC - Income TaxExtract: .......ion 32(1)(vi) of the Act provides no escape from the conclusion that, as the business of the assessee was not that of generation or distribution of electricity or any other form of power, its claim for depreciation in respect of the generator was rightly declined. This reference is answered accordingly. There will, however, be no order as to costs.
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