2010 (9) TMI 1220

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....a, Vandana Kuthiala, Advocates. JUDGMENT Deepak Gupta, J. 1. These appeals are being disposed of by a common judgment, since the questions of law involved in both the appeals are identical and read as follows: "1. Whether in the facts and circumstances of the case the Tribunal was correct in law in holding that the requisite number of persons required to be employed had to employ....

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.... with regard to the interpretation of Section 80-IA (2) (v) of the Income Tax Act, 1961, which reads as follows: "(v) in a case where the industrial undertaking manufactures or produces articles or things, the undertaking employs ten or more workers in a manufacturing process carried on with the aid of power, or employs twenty or more workers in a manufacturing process carried on without ....

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....new industrial undertaking must have employed in the manufacturing process carried on with the aid of power ten or more workers, is all that is required. The undertaking must have employed ten or more workers substantially during the period for which relief is claimed. There can be no hard and fast rule by which one can determine whether there has been substantial compliance. It is for the authori....