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2008 (4) TMI 22 - SC - Income TaxRevenue contends that after the introduction of the concept of “block of assets”, actual use is the only requirement apart from ownership for allowance of depreciation u/s 32 – HC dismissed revenue’s appeal as no question of law arise - Tribunal after analysing the material on record held that there is nothing to show that the machinery, namely, expellers remained idle for the entire block period 1-4-88 to 24-2-99 - not necessary for us to go into the larger question of law- appeal dismissed
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