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| DATE: | February 12, 2008 (Date of publication) |
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The question as to whether the assessee had an option in law to claim partial depreciation in respect of any block of assets is remanded to the High Court to consider in the light of Mahendra Mills 243 ITR 56 (SC), the deletion of s. 34(1) and the insertion of Explanation 5 to s. 32 of the Act.
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