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2002 (9) TMI 856 - ITAT MUMBAIExtract: .......and an option cannot become an obligation. If the assessee does not wish to avail the benefit of depreciation for some reason, the benefit cannot be forced upon him. I, therefore, respectfully following the precedent, decide this issue in favour of the assessee and against the Revenue. 15. In the result, appeal of the Revenue stands partly allowed.
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