https://www.taxtmi.com/caselaws?id=59283 The Tribunal allowed the Revenue's appeals for the assessment years 1970-71 and 1971-72, restoring the Income Tax Officer's computation using the written down value (WDV) for capital employed. For the assessment years 1972-73 and 1973-74, the Tribunal upheld the CIT (A)'s decision to use WDV due to the retrospective amendment of Section 80J, dismissing the appeals by the assessee-company. en-us Tue, 30 Apr 1985 00:00:00 +0530 Mon, 27 Dec 2010 16:12:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59283 The Tribunal allowed the Revenue's appeals for the assessment years 1970-71 and 1971-72, restoring the Income Tax Officer's computation using the written down value (WDV) for capital employed. For the assessment years 1972-73 and 1973-74, the Tribunal upheld the CIT (A)'s decision to use WDV due to the retrospective amendment of Section 80J, dismissing the appeals by the assessee-company. Case-Laws Income Tax Tue, 30 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59283