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    <title>2011 (12) TMI 632 - BOMBAY HIGH COURT</title>
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    <description>Depreciation had to be computed on the written down value basis without treating earlier unclaimed depreciation as thrust upon the assessee, because the Tribunal had already deleted those prior depreciation adjustments and that finding had attained finality; the Revenue&#039;s challenge on this issue therefore failed. On the interest-income question, the Tribunal had only remanded the matter to the Assessing Officer for fresh consideration in light of the binding decision in Asian Star Ltd., so the High Court declined to interfere with that remand.</description>
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      <description>Depreciation had to be computed on the written down value basis without treating earlier unclaimed depreciation as thrust upon the assessee, because the Tribunal had already deleted those prior depreciation adjustments and that finding had attained finality; the Revenue&#039;s challenge on this issue therefore failed. On the interest-income question, the Tribunal had only remanded the matter to the Assessing Officer for fresh consideration in light of the binding decision in Asian Star Ltd., so the High Court declined to interfere with that remand.</description>
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