https://www.taxtmi.com/caselaws?id=69341 The appeals were filed by a firm manufacturing Rubber Gaskets against the orders of the AAC of IT, Coimbatore Range, and CIT (Appeals), Coimbatore for the assessment years 1974-75, 1975-76, 1976-77, and 1977-78. The primary issue was the computation of relief under section 80J. The Tribunal remitted the question back to the ITO for reconsideration. Additionally, in the assessment for the year 1977-78, the Tribunal held that the assessee was entitled to interest under section 214 on excess advance-tax paid, directing the ITO to include the tax paid in advance on time and allow interest. Consequently, all four appeals were allowed in favor of the assessee. en-us Mon, 19 Apr 1982 00:00:00 +0530 Wed, 06 Apr 2011 12:53:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69341 The appeals were filed by a firm manufacturing Rubber Gaskets against the orders of the AAC of IT, Coimbatore Range, and CIT (Appeals), Coimbatore for the assessment years 1974-75, 1975-76, 1976-77, and 1977-78. The primary issue was the computation of relief under section 80J. The Tribunal remitted the question back to the ITO for reconsideration. Additionally, in the assessment for the year 1977-78, the Tribunal held that the assessee was entitled to interest under section 214 on excess advance-tax paid, directing the ITO to include the tax paid in advance on time and allow interest. Consequently, all four appeals were allowed in favor of the assessee. Case-Laws Income Tax Mon, 19 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69341