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1989 (12) TMI 99 - AT - Income TaxExtract: ....... supports the view canvassed before us that on dissolution of the old firm its assets cannot be said to have been sold to the succeeding firm within the meaning of clause (ii) of section 34(2). In our opinion, therefore, the AAC was justified in allowing full depreciation for both the periods. 6. The Departmental appeal accordingly stands dismissed
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