https://www.taxtmi.com/caselaws?id=57664 The tribunal held that the Income Tax Officer erred in rectifying the assessment for 1966-67 under Section 155(5) as no allowance by way of development rebate had been made in that year. The order of the Appellate Assistant Commissioner was upheld, and the appeal was dismissed. en-us Thu, 19 Aug 1976 00:00:00 +0530 Sat, 11 Dec 2010 13:53:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57664 The tribunal held that the Income Tax Officer erred in rectifying the assessment for 1966-67 under Section 155(5) as no allowance by way of development rebate had been made in that year. The order of the Appellate Assistant Commissioner was upheld, and the appeal was dismissed. Case-Laws Income Tax Thu, 19 Aug 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57664