High Court denies Commissioner's request to refer tax law question for development rebate & section 80-I deduction.

The High Court rejected the Commissioner of Income-tax's application to refer a question of law regarding development rebate and deduction under section 80-I for an assessee-company, citing a prior rejection for a similar question in a different assessment year.

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The Commissioner of Income-tax, Kanpur, applied under section 256(2) of the Income-tax Act, 1961, to refer a question of law to the High Court regarding development rebate and deduction under section 80-I for an assessee-company. The High Court rejected the application as a similar question had been rejected before for a different assessment year.

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