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1970 (2) TMI 24 - HC - Income TaxAssets sold by firm on which depreciation has been allowed - changes in the constitution of the firm - whether assessment of excess over written down value is permissible - there was no cesser of business or change in the unit, therefore, the assessee was liable to be assessed under the second proviso to section 10(2)(vii) in respect of the depreciation allowed
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