1997 (7) TMI 71

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....nsel for the Revenue relies on a Division Bench decision on the Punjab and Haryana High Court in the case of CIT v. Jaideep Industries [1989] 180 ITR 81, according to which the provision contained in sub-section (4) of section 80HHC would be mandatory; while learned counsel for the assessee relies on a Division Bench decision of the Bombay High Court in the case of CIT v. Shivanand Electronics [19....