How to Reset the Identity to Specific Value

Sometimes, the identity values are much higher when you delete the huge records. So there may be occassion you may come across to reset the identity.
USE TEST1
GO
CREATE TABLE [dbo].T_Replication
(
ID [int] NOT NULL identity(1,1) CONSTRAINT [PK_TT_Replication] PRIMARY KEY CLUSTERED,
[Name] [varchar](50) NULL,
[LastName] [varchar](50) NULL,
[Company] [varchar](50) NULL,
[Submitdate] [datetime] NULL,
[EmailID] [varchar](100) NULL,
)
GO
INSERT INTO [Test1].[dbo].[T_Replication]
([Name]
,[LastName]
,[Company]
,[Submitdate]
,[EmailID])
VALUES
('Adams'
,'Joe'
,'Joe Company'
,getdate()
,'Adams.Joe@yahoo.com')
GO
INSERT INTO [Test1].[dbo].[T_Replication]
([Name]
,[LastName]
,[Company]
,[Submitdate]
,[EmailID])
VALUES
('John'
,'Wilkinson'
,'ABC Company'
,getdate()
,'John.Wilkinson@yahoo.com')
GO
INSERT INTO [Test1].[dbo].[T_Replication] ([Name] ,[LastName] ,[Company] ,[Submitdate] ,[EmailID]) VALUES ('John' ,'Wilkinson' ,'ABC Company' ,getdate() ,'John.Wilkinson@yahoo.com')

DELETE FROM T_REPLICATION WHERE ID=3
Now in order to insert the deleted ID for the following records, you need to reset the identity to 3 by executing the below script. Otherwise, the insertion will follow with the identity value of 4.

Script to Reset:
DBCC CHECKIDENT(T_REPLICATION,RESEED,2)