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1996 (11) TMI 105 - AT - Income TaxExtract: .......e we are of the opinion that exemption under section 10(22A) or 11 of the Income-tax Act is not available to the assessee, the assessee will be entitled to claim depreciation under section 35(1)(iv) of the Income-tax Act. Accordingly, we direct the Assessing Officer to allow the same. 13. In the result, the appeal of the assessee is partly allowed.
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