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The High Court of Bombay ruled on a case involving tax refunds and depreciation rates for motor vans. The court decided that interest under section 214 of the Income-tax Act should be given on the advance tax refund resulting from the original assessment order, not the appellate order. Additionally, the court upheld the Tribunal's decision to allow depreciation at 30% for a motor van instead of the standard 20% for a motor car. The judgment favored the Revenue on the first issue and the assessee on the second issue.
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