https://www.taxtmi.com/circulars?id=9566 Relief under section 80-J requires computing profits of a new industrial undertaking as a separate business, applying the normal heads-of-income rules, and not allowing expenses, allowances or unabsorbed depreciation of that undertaking to be set off against profits or income of other units or heads when determining the relief for the undertaking. en-us Sun, 09 Dec 1984 00:00:00 +0530 Tue, 07 Jun 2011 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9566 Relief under section 80-J requires computing profits of a new industrial undertaking as a separate business, applying the normal heads-of-income rules, and not allowing expenses, allowances or unabsorbed depreciation of that undertaking to be set off against profits or income of other units or heads when determining the relief for the undertaking. Circulars Income Tax Sun, 09 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9566