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2002 (1) TMI 260 - AT - Income TaxExtract: ....... majority view, we hold that the CIT(A) was justified in directing the Assessing Officer to allow the depreciation on additional liability arising out of the difference in the rate of exchange of rupee. Accordingly, we support the conclusions arrived at by the CIT(A) and decline to interfere in the matter. 2. In the result, the appeal is dismissed.
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