1980 (12) TMI 61 - AT - Income Tax

Summary

The Department filed a miscellaneous application seeking rectification of the Tribunal's order in ITA Nos. 365 & 366/Ahd/1979 regarding computation of "Capital employed" by the assessee. The Tribunal rejected the application, citing the challenge to the retrospective amendment to s. 80J of the IT Act and the interim stay granted by the Supreme Court against its operation.