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2009 (6) TMI 691 - AT - Income TaxExtract: .......ase of Agarwal Hardware Works (P.) Ltd. v. CIT 1980 121 ITR 510 (Cal.). However, the depreciation allowed to the assessee in respect of the above expenditure of Rs. 13,99,803 by treating it as capital expenditure is to be withdrawn. Therefore, this ground of appeal of the assessee is allowed. 8. In the result, the appeal of the assessee is allowed.
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