Allowance of development rebate.

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..... Income - Tax Act, 1961 Kindly refer to instructions relating to allowance of development rebate contained in Board's circular F.No. 10/49/65-IT(A.I) dated 14-10-1965. 2. Development rebate may b .....

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..... ments. 3. Necessary instructions may be issued to I.T. Officers to complete the pending assessments on the lines indicated above. Past assessments should be reviewed as may be feasible for rectifica .....

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