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2004 (7) TMI 307 - AT - Income TaxExtract: ....... before 31st March, 1996. There can, thus, be no ground for disallowing depreciation on the ground that there was no user during the year. 27. The action of the AO in denying depreciation cannot be upheld. We, therefore, find no ground for interfering with the order of the learned CIT(A). 28. In the result, the appeals of the Revenue are dismissed.
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