High Court directs Tribunal to refer question on weighted deduction under Section 35B for court opinion.

The High Court granted the petition under section 256(2) of the Income-tax Act, 1961, mandating the Tribunal to refer a question on weighted deduction under section 35B for the court's opinion.

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The petition under section 256(2) of the Income-tax Act, 1961 sought a mandamus requiring the Tribunal to refer a question regarding weighted deduction under section 35B. The High Court found the question to be a question of law and allowed the petition, issuing a mandamus to the Tribunal to refer the question for the court's opinion. (Case Citation: 1986 (5) TMI 18 - PUNJAB AND HARYANA High Court)

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