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1984 (2) TMI 121 - ITAT BANGALOREExtract: .......phorus which are converted into sulphurdioxide, etc. It is well known that lime and sulphurous and phosphorus gases are corrosive. The furnaces come into contract with such corrosive chemicals. The assessee is, therefore, clearly entitled to depreciation at the higher rate of 15 per cent. The order of the CIT is set aside and the appeal is allowed.
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