https://www.taxtmi.com/caselaws?id=15880 The court held that the Income-tax Officer was not justified in rectifying the assessment for the year 1972-73 under section 154. The Tribunal's decision to allow the development rebate based on the subsequent creation of the reserve was upheld. The question of law was answered in the affirmative against the Revenue, with no order as to costs. en-us Wed, 29 Oct 1997 00:00:00 +0530 Sat, 29 Aug 2009 16:31:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15880 The court held that the Income-tax Officer was not justified in rectifying the assessment for the year 1972-73 under section 154. The Tribunal's decision to allow the development rebate based on the subsequent creation of the reserve was upheld. The question of law was answered in the affirmative against the Revenue, with no order as to costs. Case-Laws Income Tax Wed, 29 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15880