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2010 (8) TMI 67 - DELHI HIGH COURTClaim of depreciation - proof of purchase of assets - AO disallowed the depreciation on the ground that the bills of purchase of assets were not produced. - Held that: - the vouchers for all fresh purchases during the relevant years were furnished to the Assessing Officer and the balance addition was out of capital work in progress outstanding in the books as on 31st March, 1996 under the head "fixed assets" - the money was in fact spent by the assessee in purchasing of those "fixed assets" - order of CIT(A) and ITAT allowing depreciation maintained.
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