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1985 (4) TMI 91 - ITAT BOMBAY-DExtract: .......a property capable of sale and the nature of activity carried on by the assessee does not answer to this description. We are, therefore, of the view that the authorities below were right in rejecting the claim for investment allowance and the assessee, in our opinion too, is not eligible for this benefit. 13. In the result, the appeal is dismissed.
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