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1970 (8) TMI 27 - CALCUTTA HIGH COURT"Whether, on the facts and in the circumstances of the case, in arriving at the written down value for the purpose of computing the profits of the assessee under the second proviso to section 10(2)(vii) of the Indian Income-tax Act, 1922, the sum of Rs. 61,553 which had been allowed to the assessee as the initial depreciation under section 10(2)(vi) of the said Act was liable to be excluded?" - Held yes
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