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2003 (9) TMI 798 - HC - Income TaxExtract: ....... ought to have been allowed as deduction as part of block assets of R&D division. There is no other ground to disallow that claim. We accordingly hold that the Tribunal was right in allowing the depreciation on R&D division on assessee. 17. As a result of above discussion, this appeal fails and is hereby dismissed. 18. No order as to costs.
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