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1985 (6) TMI 69 - AT - Income TaxExtract: ....... the purpose of the actual cost under the proviso to section 43(1). Shri Ramachandra Rao had conceded before us that the subsidies can be adjusted against the cost of the assets. In view of the concession, we hold that the ITO would be justified in making such adjustments in depreciation. 18. No other issue is pressed. The appeal is partly allowed.
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