COMMISSIONER OF INCOME-TAX versus ALOCOCK ASHDOWN & CO. LTD.
The special deduction is unrelated to the capital of the new industrial firm, which operates for the calculation of the asset count in the accounting period. Payment is made for the plant and machinery, but it is still under construction that the workshop is under construction with special purpose of deducting special deduction in the Tax Act 1961. , Section 80J & 84 Indian Income Tax Rules, 1962, R 19
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