https://www.taxtmi.com/caselaws?id=20763 The High Court ruled in favor of the assessee on all issues raised, including entitlement to investment allowance for Deep Sea Fishing Division II Unit, claim under section 35B for Export Inspection Agency Fees, relief under section 80I, and inclusion of 'Capital work-in-progress' for section 80J relief. The court held that the fishing activities constituted an industrial undertaking, processing fish qualified as production of an article, and capital work-in-progress could be included in computing capital for relief. The decisions were based on precedents and favored the assessee for the assessment year 1980-81. en-us Thu, 15 Nov 1990 00:00:00 +0530 Sat, 03 Dec 2016 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20763 The High Court ruled in favor of the assessee on all issues raised, including entitlement to investment allowance for Deep Sea Fishing Division II Unit, claim under section 35B for Export Inspection Agency Fees, relief under section 80I, and inclusion of 'Capital work-in-progress' for section 80J relief. The court held that the fishing activities constituted an industrial undertaking, processing fish qualified as production of an article, and capital work-in-progress could be included in computing capital for relief. The decisions were based on precedents and favored the assessee for the assessment year 1980-81. Case-Laws Income Tax Thu, 15 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20763