https://www.taxtmi.com/caselaws?id=39303 The Appellate Tribunal held that the assessee was entitled to the development rebate for the assessment year 1964-65. The Tribunal allowed the development rebate claim, stating that creating a reserve for development rebate at a later date was permissible under the income-tax law. The court ruled in favor of the assessee, awarding costs of rupees one hundred. en-us Mon, 01 Dec 1975 00:00:00 +0530 Thu, 15 Apr 2010 13:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39303 The Appellate Tribunal held that the assessee was entitled to the development rebate for the assessment year 1964-65. The Tribunal allowed the development rebate claim, stating that creating a reserve for development rebate at a later date was permissible under the income-tax law. The court ruled in favor of the assessee, awarding costs of rupees one hundred. Case-Laws Income Tax Mon, 01 Dec 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39303