https://www.taxtmi.com/circulars?id=4777 The Board accepts High Court rulings that interpret per annum in relation to the deduction under section 80J to permit the full statutory annual deduction for the relevant previous year even where the new industrial undertaking, ship or hotel did not operate for the entire year, and directs that the deduction should not be reduced pro rata for the period during which the business was not carried on. en-us Sat, 03 Mar 1984 00:00:00 +0530 Sat, 02 Aug 2008 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4777 The Board accepts High Court rulings that interpret per annum in relation to the deduction under section 80J to permit the full statutory annual deduction for the relevant previous year even where the new industrial undertaking, ship or hotel did not operate for the entire year, and directs that the deduction should not be reduced pro rata for the period during which the business was not carried on. Circulars Income Tax Sat, 03 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4777