2001 (3) TMI 53

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....x Appellate Tribunal, Jaipur Bench, Jaipur, by which it has allowed the appeal of the respondent-assessee and held that on the amount of net profit calculated on the basis of applying the rate as has been applied by the Assessing Officer in his order of assessment on best of his judgment, a deduction on account of depreciation allowance has to be made. Learned counsel for the Revenue urges that o....