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1996 (2) TMI 42 - MADRAS HIGH COURTExtract: .......nditions prescribed under section 35(1)(iv) of the Act read with section 35(2) of the Act the assessee is entitled to the deduction of its own capital expenditure for the assessment year under consideration under section 35(1)(iv) of the Act. Accordingly, we answer the question referred to us in the affirmative and against the Department. No costs.
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