Section 80J amendment shortens qualifying period for industrial undertakings manufacturing articles listed in the Eleventh Schedule. An additional proviso is inserted into sub section (4) of Section 80J, providing that clause (iii) shall operate, for industrial undertakings ... Summary
Section 80J amendment shortens qualifying period for industrial undertakings manufacturing articles listed in the Eleventh Schedule.
An additional proviso is inserted into sub section (4) of Section 80J, providing that clause (iii) shall operate, for industrial undertakings manufacturing or producing articles specified in the Eleventh Schedule, as if the longer temporal reference in that clause were substituted by a shorter temporal reference, thereby altering the qualifying period for such specified undertakings.
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