https://www.taxtmi.com/caselaws?id=59022 Relief under section 80J was considered in the context of a retrospective amendment introduced by the Finance (No. 2) Act, 1980. As the validity of that amendment was still pending before the Supreme Court, the law could not be treated as finally settled, and the computation of relief was properly deferred until the final judicial outcome. The Tribunal noted that similar approaches had been accepted by other Benches and approved by the Bombay High Court, and upheld the direction to recompute the relief in accordance with the Supreme Court's eventual decision. en-us Wed, 29 Sep 1982 00:00:00 +0530 Thu, 23 Dec 2010 16:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59022 Relief under section 80J was considered in the context of a retrospective amendment introduced by the Finance (No. 2) Act, 1980. As the validity of that amendment was still pending before the Supreme Court, the law could not be treated as finally settled, and the computation of relief was properly deferred until the final judicial outcome. The Tribunal noted that similar approaches had been accepted by other Benches and approved by the Bombay High Court, and upheld the direction to recompute the relief in accordance with the Supreme Court's eventual decision. Case-Laws Income Tax Wed, 29 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59022