1988 (12) TMI 87 - HC - Income Tax

Summary

The High Court of Bombay considered whether an assessee is entitled to relief under section 80J of the Income-tax Act, 1961, even if the factory operated for only 175 days in the relevant assessment year. The court ruled in favor of the assessee, citing a previous decision in CIT v. Godrej Soaps Pvt. Ltd. No costs were awarded.