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1988 (11) TMI 125 - AT - Income TaxExtract: .......his case rent is allowable under s. 30 whereas in that case depreciation was held to be allowable under s. 32. We, accordingly, allow the assessee s appeal on this ground and direct the ITO to allow the rent payment amounting to Rs. 11,500 as claimed by the assessee. 6. In the result, the appeal shall be treated as allowed for statistical purposes.
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