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1972 (10) TMI 8 - HC - Income TaxWhether, on the facts and in the circumstances of the case unabsorbed depreciation allowance of the previous years deemed to be part of depreciation allowance of the current year under proviso (b) to section 10(2)(vi) of the Act can be set off against income under other heads? - it is clear that the assessee was entitled to claim a set-off in respect of the unabsorbed part of depreciation of Rs. 6,98,190 against income from interest on securities and capital gains. Accordingly, our answer to the question referred to us is in the affirmative
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