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2004 (9) TMI 329 - AT - Income TaxExtract: .......ff of unabsorbed depreciation by virtue of deeming fiction of law and it is only subject to the provision of ss. 72(2) and 73(3). Both ss. 72(2) and 73(3) only provide for order of priority in case of rival claims of set off of business loss, speculation business loss and unabsorbed depreciation. The ground is rejected. 19. The appeal is dismissed.
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