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1990 (8) TMI 222 - ITAT MADRAS-DExtract: .......d be allowed as expenditure laid out for the purpose of business. 10. We are, therefore, of the considered opinion that the sum of Rs. 71,500 must be included in computing the actual cost of the machinery imported by the assessee and the assessee is entitled to depreciation and investment allowance on the total amount. 11. The appeals are dismissed
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