https://www.taxtmi.com/caselaws?id=37058 The High Court affirmed the Tribunal's decisions in the case. The assessee was not entitled to deductions under Section 80-I for sales of pigments and interest income. However, the assessee was granted relief under Section 80J for both the Kalwa Foil Mill and Belgaum Smelter Units, allowing for the carry forward of deficiencies without annual claims. Furthermore, the assessee was permitted depreciation on fencing, culverts, and drainage within the factory compound. The reference was disposed of with no order as to costs. en-us Fri, 27 Jul 1979 00:00:00 +0530 Fri, 26 Mar 2010 11:41:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37058 The High Court affirmed the Tribunal's decisions in the case. The assessee was not entitled to deductions under Section 80-I for sales of pigments and interest income. However, the assessee was granted relief under Section 80J for both the Kalwa Foil Mill and Belgaum Smelter Units, allowing for the carry forward of deficiencies without annual claims. Furthermore, the assessee was permitted depreciation on fencing, culverts, and drainage within the factory compound. The reference was disposed of with no order as to costs. Case-Laws Income Tax Fri, 27 Jul 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37058