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1991 (12) TMI 121 - ITAT MADRASExtract: .......ns of the Income-tax Act, 1961. But in the present case of the assessee, the condition imposed by the ITO that depreciation is allowable only at 3/12 militated against the provisions of section 32 of the Act. So the Revenue cannot have any comfort or solace under the decision of S. Manickam Chettiar s case. 8. In the result, the appeal is dismissed
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