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1989 (2) TMI 105 - MADHYA PRADESH HIGH COURTExtract: .......f subsidy received by the assessee from the Government would not go to reduce the cost of the assets for the purpose of allowing depreciation. For all these reasons, our answer to the question referred to this court is in the affirmative and against the Revenue. In the circumstances of the case, parties shall bear their own costs of this reference.
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