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2017 (1) TMI 773 - AT - Income TaxCarry forward of depreciation - Held that:- We direct the AO to allow carry forward of depreciation which has not been allowed to the assessee because unabsorbed depreciation upto 1997-98 would become depreciation of the current year and it is to be treated in accordance with law. See General Motors India P. Ltd. Vs. DCIT [2012 (8) TMI 714 - GUJARAT HIGH COURT ]
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