https://www.taxtmi.com/caselaws?id=19378 Work-in-progress forms part of the capital computation for relief under section 80J where the issue is governed by an earlier binding determination on similar facts. A contention that separate production units constitute distinct industrial undertakings cannot be introduced in reference proceedings without supporting factual material, particularly where the assessing authority treated them as one undertaking and the ground was not raised from the assessment or rectification proceedings. The Tribunal's refusal to entertain such an unsupported new factual ground remains undisturbed. en-us Tue, 18 Oct 1994 00:00:00 +0530 Thu, 05 Nov 2009 17:16:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19378 Work-in-progress forms part of the capital computation for relief under section 80J where the issue is governed by an earlier binding determination on similar facts. A contention that separate production units constitute distinct industrial undertakings cannot be introduced in reference proceedings without supporting factual material, particularly where the assessing authority treated them as one undertaking and the ground was not raised from the assessment or rectification proceedings. The Tribunal's refusal to entertain such an unsupported new factual ground remains undisturbed. Case-Laws Income Tax Tue, 18 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19378