https://www.taxtmi.com/caselaws?id=70551 The ITAT partially allowed the appeal, ruling in favor of including machinery under installation in the capital employed for relief under s. 80J. However, the deduction under s. 80M was denied due to a nil gross total income, as deductions under Chapter VI-A cannot exceed the gross total income. en-us Fri, 12 Oct 1979 00:00:00 +0530 Sat, 16 Apr 2011 16:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70551 The ITAT partially allowed the appeal, ruling in favor of including machinery under installation in the capital employed for relief under s. 80J. However, the deduction under s. 80M was denied due to a nil gross total income, as deductions under Chapter VI-A cannot exceed the gross total income. Case-Laws Income Tax Fri, 12 Oct 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70551