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

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..... asize that while computing the relief admissible u/s 80J of I.T. Act, 1961 the profits and gains attributable to the new industrial undertaking should be carefully computed by applying the provisions of section 30 to 43A of the Act as if the new industrial undertaking is a separate business by itself. In other words, in determining the profits earned by a new industrial undertaking for the purpose .....

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