https://www.taxtmi.com/caselaws?id=24097 Section 80J relief for a newly established industrial undertaking was held to be allowable for the full accounting year, even where commercial operations started late in that year. The earlier view treating the deduction as not confined to the proportionate period of actual operation was followed, and the Board's circular was relied upon as consistent with that interpretation. The assessee was therefore entitled to deduction for the whole year, not merely for the period during which the undertaking actually functioned. en-us Tue, 21 Feb 1989 00:00:00 +0530 Sat, 16 Jan 2010 16:18:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24097 Section 80J relief for a newly established industrial undertaking was held to be allowable for the full accounting year, even where commercial operations started late in that year. The earlier view treating the deduction as not confined to the proportionate period of actual operation was followed, and the Board's circular was relied upon as consistent with that interpretation. The assessee was therefore entitled to deduction for the whole year, not merely for the period during which the undertaking actually functioned. Case-Laws Income Tax Tue, 21 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24097