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1988 (7) TMI 25 - HC - Income TaxExtract: .......of its business. It is a case where the cost is a legitimate charge against the income as the damaged machinery has been restored to its original condition, and there is no improvement as such. For the reasons aforesaid, we answer this question in the affirmative and in favour of the assessee. There will be no order as to costs. YUSUF J. - I agree.
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