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1998 (10) TMI 31 - MADRAS HIGH COURTExtract: .......change in the rate of exchange is part of the actual cost of the machinery required from a foreign country and the assessee is entitled to investment allowance on the additional cost. 7. The question referred to, is therefore, answered in favour of the assessee and against the Revenue. The assessee shall be entitled to cost in the sum of Rs. 2,500.
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