Modification in Instruction No. 876.

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....Attention is invited to para 6 of the Board's Confidential Instruction No. 876* (F. No. 491/16/75-FTD dated 6th September, 1975) on the above subject. 2. The Reserve Bank of India had earlier reque....

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....ot be made applicable retrospectively for the year 1974 in respect of which the companies had already incurred expenditure on the basis of long standing agreements. The Government have since considere....