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1995 (2) TMI 97 - AT - Income TaxExtract: .......upreme Court held that drawings and designs acquired by the assessee by incurring expenditure would be eligible for depreciation. 9. For the aforesaid reasons, we are of the view that the expenditure of Rs. 1,70,000 incurred on obtaining the feasibility report is to be allowed as revenue expenditure. We delete the disallowance and allow the appeal.
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