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1986 (8) TMI 8 - MADRAS HIGH COURTExtract: .......ing machinery while replacing these parts. That clearly is referable to current repairs. The Tribunal, was, therefore, Tight in its conclusion that the entire sum of Rs. 1,44,061 is deductible. The reference is accordingly answered in the affirmative and against the Revenue. The assessee will be entitled to its costs. Counsel s fee Rs. 500 one set.
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