1992 (10) TMI 3

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Full Text of the Document

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.... T. V. Ratnam and Ms. A. Subhashini, Advocates) For the Respondent : G. Sarangan Senior Advocate (S. Ramabhadran and Mukul Mudgal, Advocates) ORDER Heard counsel on both sides. From the facts stated by the Tribunal and found by the authorities, it appears to be beyond doubt that the plant and machinery had been purchased subsequent to the date of devaluation of Indian currency which occur....