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1994 (12) TMI 34 - MADRAS HIGH COURTExtract: .......d. 1988 174 ITR 160. So also, the question of carry forward of unabsorbed depreciation to future years is covered in favour of the assessee by a decision of this court in CIT v. Concord Industries Ltd. 1979 119 ITR 458. Accordingly, we answer the question referred to us in the affirmative and against the Revenue. There will be no order as to costs.
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