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Tax Depreciation Dispute Resolved: Asset Write-Off Disallowance Overturned, Loss Reclassified from Capital to Allowable Claim.

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....Disallowance of assets written off – depreciation has been claimed on those assets in the past - AO has not doubted the genuineness of the claim and disallowed it only holding the loss to be capital in nature - claim allowed - AT....

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