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<h1>Gujarat High Court: Assessee entitled to deductions under tax sections 80-I and 33(1)(b)(B)(i) as priority industry.</h1> The High Court of Gujarat ruled in favor of the assessee, a re-rolling mill, allowing deduction under section 80-I and development rebate under section ... Developement Rebate, Priority Industry, Special Deduction The High Court of Gujarat ruled in favor of the assessee, a re-rolling mill, allowing deduction under section 80-I and development rebate under section 33(1)(b)(B)(i) as a priority industry. The court cited a Supreme Court decision supporting the assessee's eligibility for these benefits. The Revenue's appeal was dismissed, and the case was closed with no costs.