https://www.taxtmi.com/caselaws?id=22505 The court ruled in favor of the assessee on both issues. Regarding the deduction under section 80J for the Frigate Project, the court held that the project qualified as a new undertaking, entitling the assessee to relief under section 80J. Additionally, the court determined that the concrete walls built after excavation for the Kasara Basin Wet Dock were integral to the plant, allowing the assessee to claim depreciation and development rebate on the expenditure. The court cited relevant case law and concluded in favor of the assessee on both matters. en-us Thu, 07 Mar 1991 00:00:00 +0530 Thu, 10 Dec 2009 17:00:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22505 The court ruled in favor of the assessee on both issues. Regarding the deduction under section 80J for the Frigate Project, the court held that the project qualified as a new undertaking, entitling the assessee to relief under section 80J. Additionally, the court determined that the concrete walls built after excavation for the Kasara Basin Wet Dock were integral to the plant, allowing the assessee to claim depreciation and development rebate on the expenditure. The court cited relevant case law and concluded in favor of the assessee on both matters. Case-Laws Income Tax Thu, 07 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22505