https://www.taxtmi.com/caselaws?id=65964 The appeals filed by the revenue were partly allowed. The Tribunal remanded the matters back to the Income Tax Officer (ITO) for bifurcation of business promotion expenses and quantification of relief under section 80J, pending the Supreme Court's decision on retrospective amendments. The Tribunal upheld the eligibility of the assessee as a new industrial undertaking entitled to relief under section 80J, based on the commercial distinction of the end product. en-us Fri, 30 Dec 1983 00:00:00 +0530 Sat, 19 Feb 2011 15:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65964 The appeals filed by the revenue were partly allowed. The Tribunal remanded the matters back to the Income Tax Officer (ITO) for bifurcation of business promotion expenses and quantification of relief under section 80J, pending the Supreme Court's decision on retrospective amendments. The Tribunal upheld the eligibility of the assessee as a new industrial undertaking entitled to relief under section 80J, based on the commercial distinction of the end product. Case-Laws Income Tax Fri, 30 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65964