High Court to Decide Depreciation Rate for Mining Dumpers: 30% or 15%? Referencing CBDT Circulars No. 609 and 652.

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....Higher rate of depreciation on dumpers - @ 30% OR 15% - Even if the assessee had used such equipments and manpower for its direct mining operations for the contract, if it was so awarded, we wonder whether that would make any difference particularly in view of CBDT Circulars No. 609 and 652 - HC....