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2002 (11) TMI 48 - MADRAS HIGH COURT
"1. Whether, on the facts and in the circumstances of the case, in the light of the Tribunal's decision in the case of Deputy CIT v. India Cine Agencies, whether the Appellate Tribunal was right in law in holding that the assessee is entitled for relief under section 32A of the Income-tax Act? - 2. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in holding that the assessee is entitled for relief under section 80HHC for the assessment year under consideration in terms of Circular No. 729 dated November 1, 1995, which is applicable only from the assessment year 1991-92 onwards?" – Both questions are answered in the negative against the assessee and in favour of the Revenue.