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1987 (3) TMI 37 - BOMBAY HIGH COURTExtract: .......80-I of the Income-tax Act, 1961. In the above view of the matter, the question is answered thus The relief under section 80-I of the Income-tax Act, 1961, is to be granted with reference to the composite profits of the priority industry and not with reference to the proportionate profits as computed by the Income-tax Officer. No order as to costs.
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