1982 (10) TMI 76 - AT - Income Tax

Summary

The appeal was filed by the assessee challenging the modification of development rebate by the ITO. The ITAT Chandigarh held that the issue was not free from debate as the material produced did not fit the Fifth Schedule. The AAC's decision was reversed, and the appeal was allowed. (Case citation: 1982 (10) TMI 76 - ITAT CHANDIGARH)