https://www.taxtmi.com/caselaws?id=219774 The court held that the Diagnostic Centre did not qualify as an industrial undertaking under Section 80-IA of the Income Tax Act 1961. Consequently, the assessee was not entitled to deductions under this section. The court ruled in favor of the revenue, stating that diagnostic services, although beneficial to the public, do not meet the criteria for industrial undertaking benefits as outlined in the legislation. en-us Fri, 21 Dec 2012 00:00:00 +0530 Wed, 26 Dec 2012 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219774 The court held that the Diagnostic Centre did not qualify as an industrial undertaking under Section 80-IA of the Income Tax Act 1961. Consequently, the assessee was not entitled to deductions under this section. The court ruled in favor of the revenue, stating that diagnostic services, although beneficial to the public, do not meet the criteria for industrial undertaking benefits as outlined in the legislation. Case-Laws Income Tax Fri, 21 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219774