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1978 (3) TMI 138 - ITAT MADRAS-DExtract: .......llowed. On the facts and circumstances of this case, we hold that Rs. 10,000 out of Rs. 38,509 is to be allowed as revenue expenditure and the balance of Rs. 28,509 has to be capital expenditure and depreciation should be allowed thereon as for furniture and fittings. 6. The assessment will be modified accordingly. 7. The appeal is allowed in part.
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