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1991 (9) TMI 1 - SC - Income Tax
New Industrial Undertaking - Whether Tribunal was right in rejecting the assessee's claim for relief u/s 84 - section 84(7) makes it clear without any doubt that the period of five years was to start from the assessment year relevant to the previous year in which the undertaking began to manufacture or produce "articles". Since the language of the sub-section is plain and admits of no ambiguity, there is no scope of applying the rule of interpretation of a fiscal statute