https://www.taxtmi.com/caselaws?id=36334 Deduction under section 80J was available where the new buildings and machinery constituted a new and identifiable industrial undertaking separate from the existing business. The decisive test applied was whether the new unit was independent and distinct, not whether there had been mere expansion of an old business. On the Tribunal's factual finding that the existing plant and machinery had been replaced and the new assets formed a separate unit, the claim succeeded because the arrangement was treated as a new undertaking rather than reconstruction of the old business. en-us Tue, 13 Jan 1981 00:00:00 +0530 Sat, 20 Mar 2010 17:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36334 Deduction under section 80J was available where the new buildings and machinery constituted a new and identifiable industrial undertaking separate from the existing business. The decisive test applied was whether the new unit was independent and distinct, not whether there had been mere expansion of an old business. On the Tribunal's factual finding that the existing plant and machinery had been replaced and the new assets formed a separate unit, the claim succeeded because the arrangement was treated as a new undertaking rather than reconstruction of the old business. Case-Laws Income Tax Tue, 13 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36334