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2007 (3) TMI 202 - HC - Income TaxApplicant claimed depreciation on building of nursing home @ of 20 %., the rate applicable to a hotel as nursing home is providing lodging to the patients – held that nursing home could not be treated as a hotel allowed the depreciation only @ of 10 % - Tribunal has declined to permit the applicant to raise the additional ground. The discretion exercised by the Tribunal cannot be said to be based on irrelevant material or consideration, hence question no. 1 doesn’t arise
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