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1995 (2) TMI 118 - AT - Income TaxExtract: ....... held that each plank or other items of shuttering can be singly used. Therefore, the decision cited by the Revenue has no application. For the aforesaid reason, we direct the Assessing Officer to allow depreciation to the assessee under proviso to s. 32(1)(ii) of the IT Act. 7. In the result, the assessee s appeal is allowed in terms stated above.
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