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2001 (7) TMI 14 - PUNJAB AND HARYANA HIGH COURTBusiness Expenditure, Depreciation - "1. Whether, on the facts and in the circumstances of the case, the learned Income-tax Appellate Tribunal is right in law in deleting the disallowance of Rs.55,271 confirmed by the learned Commissioner of Income-tax (Appeals) on account of alleged job charges paid to Sh. Sandeep Jain, son of the assessee? 2. Whether, on the facts and in the circumstances of the case, the Income tax Appellate Tribunal is right in law in allowing depreciation of Rs.51,238 holding that the machinery purchased on March 31, 1988, from Ashoka Brothers Impex Ltd. for Rs.1,65,984 was put to use on the same day at Ludhiana?" - we find that no ground for interference with the view taken by the Tribunal is made out. No question of law which may require the opinion of this court arises.
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