1976 (12) TMI 54

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..... hether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in holding that the requirement of section 34(3)(a) regarding creating of development rebate reserve has been satisfied ? " CHINNAPPA REDDY J.--The High Court of Andhra Pradesh in Veerabhadra Iron Foundry v. Commissioner of Income-tax [1968] 69 ITR 425 (AP), the High Court of Allahabad in CIT v. Mo .....

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