https://www.taxtmi.com/caselaws?id=211469 The court ruled in favor of the assessee, holding that the expanded unit qualified as a new industrial undertaking under Section 80-I of the Income Tax Act, 1961. Emphasizing the significance of substantial new investment and increased production capacity, the court granted the tax relief sought. The reference was disposed of with no order as to costs. en-us Mon, 12 Mar 2012 00:00:00 +0530 Fri, 15 Feb 2013 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211469 The court ruled in favor of the assessee, holding that the expanded unit qualified as a new industrial undertaking under Section 80-I of the Income Tax Act, 1961. Emphasizing the significance of substantial new investment and increased production capacity, the court granted the tax relief sought. The reference was disposed of with no order as to costs. Case-Laws Income Tax Mon, 12 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211469