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1999 (2) TMI 99 - AT - Income TaxExtract: ....... revalued amount of assets. In our view, the CIT (Appeals) ought to have deleted the said addition of Rs. 72,94,362 being the amount of depreciation on enhanced value of assets due to revaluation, provided in the Books of Account. Hence, Ground Nos. 3 and 4 of assessee s appeal are allowed. 6. In the result, the assessee s appeal is partly allowed.
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