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2013 (12) TMI 485 - HC - Income TaxDepreciation on assets - Held that:- The Tribunal should have made an open remand for considering the depreciation on assets that the assessee used in the business - The direction of the Tribunal is contrary to law - Without being influenced by the observation made, the Assessing Officer shall consider the claim of the appellant/assessee as regards the depreciation on the fixed assets, for the purposes of finding out the compliance of Section 11 of the Act - Decided in favour of assessee.
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