1985 (2) TMI 3

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.... assessment years 1971-72 and 1972-73, the following two questions have been referred to this court for its opinion by the Income-tax Appellate Tribunal at the instance of the Revenue: "1. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in holding that the gross dividend income should be deducted while computing the chargeable profits for the purpose....