https://www.taxtmi.com/caselaws?id=12444 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and against the Revenue. The relief under section 80J of the Income-tax Act should be allowed from the total income of the assessee, as per the provisions of the Act. The court clarified that the relief is not limited to income from new units alone but is based on the total income of the assessee, in line with the plain reading of section 80J. en-us Tue, 12 Feb 2002 00:00:00 +0530 Thu, 25 Feb 2010 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12444 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and against the Revenue. The relief under section 80J of the Income-tax Act should be allowed from the total income of the assessee, as per the provisions of the Act. The court clarified that the relief is not limited to income from new units alone but is based on the total income of the assessee, in line with the plain reading of section 80J. Case-Laws Income Tax Tue, 12 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12444