https://www.taxtmi.com/caselaws?id=24337 Section 80J relief was construed liberally, and the deduction was held admissible at 6% of the capital employed for the full previous year rather than being reduced proportionately to the period the new unit actually worked. The capital employed had already been adjusted for the relevant period of user, so there was no basis for a further reduction of the statutory rate. The departmental circular supporting full-year allowance reinforced this position, leaving the deduction available in full and rejecting the Revenue's proportionate computation. en-us Wed, 16 Nov 1988 00:00:00 +0530 Tue, 19 Jan 2010 13:12:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24337 Section 80J relief was construed liberally, and the deduction was held admissible at 6% of the capital employed for the full previous year rather than being reduced proportionately to the period the new unit actually worked. The capital employed had already been adjusted for the relevant period of user, so there was no basis for a further reduction of the statutory rate. The departmental circular supporting full-year allowance reinforced this position, leaving the deduction available in full and rejecting the Revenue's proportionate computation. Case-Laws Income Tax Wed, 16 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24337