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1981 (10) TMI 68 - ITAT CHANDIGARHExtract: .......3(4) are clearly applicable. In such a case development rebate has to be allowed to the firm. Such being the case before us, we see on justification for refusing depreciation and development rebate to the assessee firm. We direct that depreciation and development rebate be allowed subject to fulfilment other requirements of law. 17. Appeal allowed.
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