https://www.taxtmi.com/caselaws?id=22465 The High Court held that the assessee was entitled to a deduction under section 80J of the Income-tax Act for the manufacture of axle shafts, torsion bars, and coil springs. The Court determined that a new industrial undertaking had been established, making the assessee eligible for the deduction despite the common use of premises and staff. The Court ruled in favor of the assessee, allowing the deduction under section 80J without any order as to costs. en-us Wed, 06 Mar 1991 00:00:00 +0530 Thu, 10 Dec 2009 12:28:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22465 The High Court held that the assessee was entitled to a deduction under section 80J of the Income-tax Act for the manufacture of axle shafts, torsion bars, and coil springs. The Court determined that a new industrial undertaking had been established, making the assessee eligible for the deduction despite the common use of premises and staff. The Court ruled in favor of the assessee, allowing the deduction under section 80J without any order as to costs. Case-Laws Income Tax Wed, 06 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22465