Computing relief u/s 80J of Income Tax Act, 1961.

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....ome - Tax Act, 1961 Attention is invited to Board's Instruction No. 904 (F.No. 178/68/75-IT-AI) dated 16th December, 1975* on the above subject. 2. The Board desire to emphasize that while computing....

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....0J, no item of expense or other allowance including unabsorbed depreciation and development rebate relating to the new industrial undertaking should be allowed as a set off against the profits of any ....