loss of Rs.1,75,74,887/- on the total turnover of Rs.1,69,62,106/-;
(b) the loss on sale of machinery ... sale and purchase of any
asset under any block can only increase/decrease in value of block and
depreciation can be accordingly claimed/allowed
Godfrey Philips India Ltd. vs Income-Tax Officer on 12 February, 1992
Equivalent citations: [1992
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IN
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