Reference of question of law directed in shrimp processing export deduction dispute; merits of deductions remained undecided.

The Kerala HC dealt with whether an assessee engaged in processing and export of shrimps was entitled to deductions under sections 80HH and 80-I of the Income-tax Act, 1961, and whether the question of law had to be referred under section 256(2). The Tribunal was directed to state the question of law and forward it, together with the statement of case and relevant documents, under section 256(2). The merits of the deduction claim were not finally decided.

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Issues: Whether the assessee engaged in processing and export of shrimps was entitled to the benefit of sections 80HH and 80-I of the Income-tax Act, 1961, and whether the question of law should be referred to the Tribunal under section 256(2).

Outcome: The Income-tax Appellate Tribunal was directed to state the question of law and forward it under section 256(2) along with the statement of case and relevant documents; the merits of the deduction claim were not finally decided.

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