https://www.taxtmi.com/caselaws?id=19491 The High Court ruled in favor of the assessee in a case concerning the interpretation of sections 80J and 80HH of the Income-tax Act, 1961 in the context of an amalgamation scheme. The court held that the amalgamated company was not formed through the transfer of assets from the amalgamating company, thus qualifying for the tax relief under the mentioned sections. The judgment emphasized the importance of factual findings and the purpose of the provisions in determining eligibility for tax relief for new industrial undertakings. en-us Wed, 30 Nov 1994 00:00:00 +0530 Fri, 06 Nov 2009 15:51:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19491 The High Court ruled in favor of the assessee in a case concerning the interpretation of sections 80J and 80HH of the Income-tax Act, 1961 in the context of an amalgamation scheme. The court held that the amalgamated company was not formed through the transfer of assets from the amalgamating company, thus qualifying for the tax relief under the mentioned sections. The judgment emphasized the importance of factual findings and the purpose of the provisions in determining eligibility for tax relief for new industrial undertakings. Case-Laws Income Tax Wed, 30 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19491