Bench: Shri S.S.Godara & Dr. A.L. Saini
gains of the business of an industrial undertaking and, therefore, it was eligible for deduction U/s.80lB / 80IC of the Income Tax Act, 1961. It is argued by the appellant that in view of the aforesaid judgment of the Hon'ble Apex Court the reasons recorded by the Assessing Officer for re-opening of the appellant's case ceased to survive