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1986 (5) TMI 28 - CALCUTTA HIGH COURTExtract: .......0-I on the profits from priority industries before deducting therefrom the unabsorbed depreciation and unabsorbed development rebate brought forward from the earlier years. For the reasons aforesaid, we answer the question in this reference in the negative and in favour of the Revenue. There will be no order as to costs. DIPAK KUMAR SEN J.-I agree.
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