1998 (2) TMI 21

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....ration at the instance of the revenue is as to whether the Appellate Tribunal was correct in law on the facts and in the circumstances of the case in holding that the bank interest paid on packing credit within India is eligible for weighted deduction under section 35B of the Income Tax Act, 1961 (hereinafter referred to as "the Act"). The assessment year is 1979-80. The assessee is a manufactu....