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2009 (4) TMI 67 - HC - Income TaxDepreciation - Tribunal holding that the appellant was entitled to depreciation on the assets acquired based on the value placed in the surveyors report and not on the actual cost incurred for acquisition(as contended by assessee) – no reason given by tribunal - it appropriate to remand the matter to the ITAT, before whom declaration u/s 158A was filed by the appellant with direction to admit the claim of assessee in the said declaration and to proceed further as per section 158A(5) after the Hon’ble Delhi HC adjudicates the appeals pending before it - orders of ITAT are quashed
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