https://www.taxtmi.com/caselaws?id=35736 The High Court upheld the Tribunal's decision in favor of the assessee, allowing the deduction under section 80J for the second unit of a cold storage. The Court emphasized the separate nature of the units and the permissibility of apportioning capital without separate books of account. The assessee was found entitled to the deduction as the old assets used did not exceed the statutory limit. Each party was directed to bear its own costs. en-us Tue, 03 Mar 1981 00:00:00 +0530 Tue, 16 Mar 2010 13:36:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35736 The High Court upheld the Tribunal's decision in favor of the assessee, allowing the deduction under section 80J for the second unit of a cold storage. The Court emphasized the separate nature of the units and the permissibility of apportioning capital without separate books of account. The assessee was found entitled to the deduction as the old assets used did not exceed the statutory limit. Each party was directed to bear its own costs. Case-Laws Income Tax Tue, 03 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35736