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1996 (12) TMI 91 - AT - Income TaxExtract: .......red are fully allowable. This view is fully supported by the decisions of the Tribunal cited supra. In this view of the matter, we see no justification in disallowing 20 per cent of the car expenses and depreciation in the hands of the assessee company and the same is cancelled. 6. In the result, the assessee s appeal is allowed for both the years.
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