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1998 (12) TMI 40 - GUJARAT HIGH COURTExtract: .......e of the written down value has been exercised by the assessee. The computation thereafter must follow the procedure provided in section 50(2) and other provisions of the Act. As a result, we answer the question referred to us in the affirmative, that is to say, in favour of the assessee and against the Revenue. There shall be no order as to costs.
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