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1992 (4) TMI 14 - HC - Income TaxExtract: .......f the allowance is not depreciation though it bears the appellation initial depreciation . The enactment has not left the matter in any ambiguity, if we read all its related provisions conjointly. We, therefore, answer the third question in the negative and in favour of the assessee. There will be no order as to costs. SHYAMAL KUMAR SEN J.-I agree.
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