https://www.taxtmi.com/caselaws?id=16821 The court upheld the Tribunal's decision, ruling that the lessee was not entitled to relief under section 80J of the Income-tax Act, 1961, as the lessee did not meet the ownership and capital investment requirements for claiming the benefit. The court emphasized that benefits under section 80J are linked to newly established undertakings and not changes in ownership or lease arrangements. Therefore, the court affirmed the Tribunal's denial of relief to the lessee for the unexpired period. en-us Mon, 15 Jul 1996 00:00:00 +0530 Sat, 12 Sep 2009 13:38:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16821 The court upheld the Tribunal's decision, ruling that the lessee was not entitled to relief under section 80J of the Income-tax Act, 1961, as the lessee did not meet the ownership and capital investment requirements for claiming the benefit. The court emphasized that benefits under section 80J are linked to newly established undertakings and not changes in ownership or lease arrangements. Therefore, the court affirmed the Tribunal's denial of relief to the lessee for the unexpired period. Case-Laws Income Tax Mon, 15 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16821