https://www.taxtmi.com/caselaws?id=22982 The High Court held in favor of the assessee, ruling that she was entitled to the development rebate under section 33 despite the conversion of businesses into partnership concerns. The court emphasized the conditions for claiming the rebate, including ownership, business usage, and continuity of operations, all of which were satisfied in this case. The judgment clarified that the conversion of businesses did not disqualify the assessee from claiming the rebate, ultimately upholding her entitlement to the development rebate. en-us Tue, 19 Feb 1991 00:00:00 +0530 Tue, 15 Dec 2009 16:53:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22982 The High Court held in favor of the assessee, ruling that she was entitled to the development rebate under section 33 despite the conversion of businesses into partnership concerns. The court emphasized the conditions for claiming the rebate, including ownership, business usage, and continuity of operations, all of which were satisfied in this case. The judgment clarified that the conversion of businesses did not disqualify the assessee from claiming the rebate, ultimately upholding her entitlement to the development rebate. Case-Laws Income Tax Tue, 19 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22982