1981 (8) TMI 15

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....tion referred to this High Court by the Income-tax Appellate Tribunal, Bombay Bench 'C', under s. 256(1) of the I.T. Act, 1961, is as follows : " Whether on a proper interpretation of sections 43(1) and 43(6)(b) of the Income-tax Act, 1961, in arriving at the actual cost/written down value of assets, which were in existence when the new Act came into force, any adjustment should be made on acco....