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1979 (8) TMI 34 - MADHYA PRADESH HIGH COURTExtract: .......pinion, therefore, the assessee was entitled to depreciation in the light of the decision of their Lordships of the Supreme Court in 1965 57 ITR 335. Our answer, therefore, to the question No. 1 is in the affirmative and the answer to question No. 2 is in the negative. In the circumstances of this case, parties are directed to bear their own costs.
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