Section 80J

Bombay H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the assessee was entitled to have deficiency under s. 80J(3) of the IT Act, 1961, worked out at the rate of 6 per cent on the capital employed without regard to the period for which the industrial undertaking had worked ?

High Court Of Bombay CIT vs. Godrej Soaps Private Ltd. Section 80-J S.P. Bharucha & T.D. Sugla, JJ. IT Ref. […]