https://www.taxtmi.com/caselaws?id=37128 The High Court of Orissa upheld the Income-tax Appellate Tribunal's decision, ruling in favor of the assessee firms regarding their eligibility for the benefit under Section 80HH of the Income-tax Act, 1961. The Court determined that the construction activities undertaken by the firms qualified as industrial undertakings, aligning with the legislative intent of promoting development in backward areas. Emphasizing the broad interpretation of an industrial undertaking, the Court affirmed that the assessee firms were entitled to the benefit under the Act. en-us Tue, 13 Nov 1979 00:00:00 +0530 Fri, 26 Mar 2010 16:47:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37128 The High Court of Orissa upheld the Income-tax Appellate Tribunal's decision, ruling in favor of the assessee firms regarding their eligibility for the benefit under Section 80HH of the Income-tax Act, 1961. The Court determined that the construction activities undertaken by the firms qualified as industrial undertakings, aligning with the legislative intent of promoting development in backward areas. Emphasizing the broad interpretation of an industrial undertaking, the Court affirmed that the assessee firms were entitled to the benefit under the Act. Case-Laws Income Tax Tue, 13 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37128