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2012 (8) TMI 935 - AT - Income TaxExtract: .......t justified in directing the Assessing Officer to set off the brought forward depreciation of earlier years against long term capital gains. Accordingly we allow this ground of the assessee. o p /o p 22. In the result, appeal of the assessee is allowed and that of revenue is dismissed. o p /o p Order pronounced in open court on 01-08-2012. o p /o p
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