https://www.taxtmi.com/caselaws?id=38163 The court partly allowed the writ petitions, directing the recalibration of the tax credit quantum for each year. The court ruled that tax credit certificates should be based on excise duty payable, including exemptions and concessions, special excise duty under the Finance Act should be included, tax credit should be item-wise, and excluded items like duplex board cannot be considered for tax credit purposes. No costs were awarded in the case. en-us Fri, 03 Feb 1978 00:00:00 +0530 Sat, 03 Apr 2010 14:17:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38163 The court partly allowed the writ petitions, directing the recalibration of the tax credit quantum for each year. The court ruled that tax credit certificates should be based on excise duty payable, including exemptions and concessions, special excise duty under the Finance Act should be included, tax credit should be item-wise, and excluded items like duplex board cannot be considered for tax credit purposes. No costs were awarded in the case. Case-Laws Income Tax Fri, 03 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38163