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2002 (2) TMI 98 - RAJASTHAN HIGH COURTExtract: .......urpose of depreciation if the assessee owns the asset it is enough, but for the benefit of allowance under section 35, the assessee should incur expenditure for scientific research. In the result, we answer the question in the affirmative, i.e., in favour of the Revenue and against the assessee. The reference so made stands disposed of accordingly.
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