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1991 (12) TMI 30 - HC - Income TaxExtract: .......ld that the subsidy received by the assessee-company should not be deducted from the value of the assets to arrive at the actual cost for the purpose of allowing depreciation and investment allowance. The question referred to us is answered in the affirmative, in favour of the assessee and against the Revenue. No costs. S. K. - MOHANTY J. -I agree.
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