1990 (11) TMI 2

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Full Text of the Document

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....he following question was referred by the Tribunal for the opinion of the High Court (See [1975] 99 ITR 54, 56) : "Whether, on the facts and in the circumstances of the case, the Tribunal erred in law in holding that Rs. 1,83,000 paid by the assessee on March 26, 1965, should be treated as valid advance tax and should be deducted from 75 per cent. of the tax determined for arriving at the basis ....