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1984 (3) TMI 108 - ITAT BOMBAY-AExtract: .......the determination of the depreciation has to be only in terms of foreign currency only, that being a step in the process of determining the income. 20. For these reasons, we hold that the assessee is entitled to the depreciation claimed and allowed in the original assessments. The additions in the reassessments are deleted. The appeals are allowed.
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