https://www.taxtmi.com/caselaws?id=24001 Deduction of discount on bonds was treated as a clear question of law, making it fit for reference under section 256(2) of the Income-tax Act, 1961. The petition was confined to the first question because no ground was raised or pressed on the second question. On that basis, the High Court directed the Tribunal to state the case and refer the specified question on the admissibility of deduction of discount on bonds. en-us Fri, 21 Jul 1989 00:00:00 +0530 Fri, 15 Jan 2010 17:20:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24001 Deduction of discount on bonds was treated as a clear question of law, making it fit for reference under section 256(2) of the Income-tax Act, 1961. The petition was confined to the first question because no ground was raised or pressed on the second question. On that basis, the High Court directed the Tribunal to state the case and refer the specified question on the admissibility of deduction of discount on bonds. Case-Laws Income Tax Fri, 21 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24001