https://www.taxtmi.com/caselaws?id=36850 The High Court ruled in favor of the assessee in a case involving entitlement to deductions under Sections 84 and 80J for the assessment years 1967-68 and 1968-69. The Court held that the units established by the assessee qualified as new industrial undertakings and were entitled to relief under the Income-tax Act. Additionally, the Court determined that the denial of development rebate by the Tribunal was incorrect, and the assessee was entitled to the rebate based on valid instructions from the Central Board of Direct Taxes. en-us Thu, 03 Aug 1978 00:00:00 +0530 Thu, 25 Mar 2010 10:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36850 The High Court ruled in favor of the assessee in a case involving entitlement to deductions under Sections 84 and 80J for the assessment years 1967-68 and 1968-69. The Court held that the units established by the assessee qualified as new industrial undertakings and were entitled to relief under the Income-tax Act. Additionally, the Court determined that the denial of development rebate by the Tribunal was incorrect, and the assessee was entitled to the rebate based on valid instructions from the Central Board of Direct Taxes. Case-Laws Income Tax Thu, 03 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36850