Deduction under Section 80J limited to newly established industrial undertakings; expansions do not qualify unless a new undertaking is formed. The Board, in consultation with the Ministry of Law, instructs that a clear legal distinction exists between a new industrial undertaking and expansion of an existing unit; deduction under Section 80J is allowable only when it is established that a new industrial undertaking has been formed, and assessing officers must scrutinise facts carefully before granting the relief.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction under Section 80J limited to newly established industrial undertakings; expansions do not qualify unless a new undertaking is formed.
The Board, in consultation with the Ministry of Law, instructs that a clear legal distinction exists between a new industrial undertaking and expansion of an existing unit; deduction under Section 80J is allowable only when it is established that a new industrial undertaking has been formed, and assessing officers must scrutinise facts carefully before granting the relief.
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