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1960 (9) TMI 114 - HC - Income TaxExtract: .......depreciation allowance permissible under clauses (vi) and (via ). Adopting the same procedure, he should have taken into account ₹ 630, in which case the loss sustained by the assessee would have been estimated at ₹ 708 and not ₹ 78. In the result, questions Nos. 1 and 2 referred to us should be answered in favour of the assessee.
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