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1986 (5) TMI 26 - HC - Income TaxExtract: .......absorbed depreciation for the earlier years. In our view, the decision in the case of Distributors (Baroda) Private Ltd. 1985 155 ITR 120 (SC) sets the controversy at rest. For the reasons aforesaid, we answer the question in this reference in the negative and in favour of the Revenue. There will be no order as to costs. DIPAK KUMAR SEN J.-I agree.
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