https://www.taxtmi.com/caselaws?id=60914 The Tribunal ruled in favor of the Revenue, reversing the direction to allow deduction under section 80J for assessment year 1986-87. The Tribunal held that the assessee was not entitled to the deduction as it would be the fifth year succeeding the initial year for which relief was allowed, based on the interpretation of section 80J(2) and relevant precedents. Consequently, the Tribunal upheld the Assessing Officer's decision to disallow the deduction for assessment year 1986-87. en-us Fri, 16 Jun 1995 00:00:00 +0530 Sat, 08 Jan 2011 16:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60914 The Tribunal ruled in favor of the Revenue, reversing the direction to allow deduction under section 80J for assessment year 1986-87. The Tribunal held that the assessee was not entitled to the deduction as it would be the fifth year succeeding the initial year for which relief was allowed, based on the interpretation of section 80J(2) and relevant precedents. Consequently, the Tribunal upheld the Assessing Officer's decision to disallow the deduction for assessment year 1986-87. Case-Laws Income Tax Fri, 16 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60914