https://www.taxtmi.com/caselaws?id=22053 The High Court ruled in favor of the assessee, allowing the set off of deficiency in the assessment year 1972-73 for Unit No. 1 at the Bangalore factory under section 80J(3) of the Income-tax Act, 1961. The Court held that the deficiency could be carried forward within the specified timeframe, concluding that the assessee was entitled to the set off as per the provisions of the law. en-us Mon, 12 Aug 1991 00:00:00 +0530 Sat, 05 Dec 2009 17:15:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22053 The High Court ruled in favor of the assessee, allowing the set off of deficiency in the assessment year 1972-73 for Unit No. 1 at the Bangalore factory under section 80J(3) of the Income-tax Act, 1961. The Court held that the deficiency could be carried forward within the specified timeframe, concluding that the assessee was entitled to the set off as per the provisions of the law. Case-Laws Income Tax Mon, 12 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22053