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1973 (7) TMI 11 - HC - Income TaxMysore Agricultural Income Tax Act - petitioner is a coffee planter. For the assessment year 1967-68, he was allowed initial and ordinary depreciation allowance on a sprinkler equipment - When depreciation is allowed on machinery acquired under hire purchase agreement, whether the depreciation can be withdrawn by a rectification on the ground that the assessee was not the owner - On this issue two views were possible, so rectification orders were quashed
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