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The High Court of Allahabad ruled in favor of the assessee, stating that a cinema building constitutes 'plant' and is entitled to depreciation at 10%. The decision was based on a previous court ruling.
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Home
The High Court of Allahabad ruled in favor of the assessee, stating that a cinema building constitutes 'plant' and is entitled to depreciation at 10%. The decision was based on a previous court ruling.
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