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1986 (4) TMI 130 - AT - Income TaxExtract: .......ejected in view of the provisions of section 37(5) of the Act. Section 37(4) (ii) makes it clear that no allowance shall be made in respect of depreciation of any building used as guest house or depreciation of any assets used in the guest house. Thus, the claim of the assessee is not allowable. 11. In the result, the appeal fails and is dismissed.
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