1988 (12) TMI 10

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....the instance of the assessee and they read thus : " 1. Whether, on the facts and in the circumstances of the case, the sum of Rs. 14,79,000 being loan from Industrial Finance Corporation of India was includible in the capital computation base of the assessee for the accounting period relevant to the assessment year 1972-73 in view of section 80J(1) of the Income-tax Act, 1961/rule 19A of the In....