https://www.taxtmi.com/caselaws?id=15040 Section 80J relief for a new industrial unit could be carried forward and claimed in the year profits arose, even if no separate claim was made in the earlier loss years. The Court reasoned that the absence of positive taxable income in those years explained the omission, and that sufficient compliance existed where the statutory benefit was otherwise admissible and the deduction was adjusted against later profits. The benefit was therefore not to be denied merely because no claim had been lodged during the loss years. en-us Mon, 07 Feb 2000 00:00:00 +0530 Wed, 16 Dec 2009 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15040 Section 80J relief for a new industrial unit could be carried forward and claimed in the year profits arose, even if no separate claim was made in the earlier loss years. The Court reasoned that the absence of positive taxable income in those years explained the omission, and that sufficient compliance existed where the statutory benefit was otherwise admissible and the deduction was adjusted against later profits. The benefit was therefore not to be denied merely because no claim had been lodged during the loss years. Case-Laws Income Tax Mon, 07 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15040