https://www.taxtmi.com/caselaws?id=37009 The High Court directed the Tribunal to reconsider the entitlement to development rebate under section 33 of the Income-tax Act, 1961 for machinery and plant installed in a hotel business premises. The Court emphasized the importance of interpreting the term "residential accommodation" in section 33(6) and instructed the Tribunal to approach the matter with a fresh perspective, considering the specific circumstances of the case and the provisions of the Act. The Court declined to answer the legal question directly and left it to the Tribunal to make a decision in accordance with the law. en-us Mon, 12 Feb 1979 00:00:00 +0530 Fri, 26 Mar 2010 10:13:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37009 The High Court directed the Tribunal to reconsider the entitlement to development rebate under section 33 of the Income-tax Act, 1961 for machinery and plant installed in a hotel business premises. The Court emphasized the importance of interpreting the term "residential accommodation" in section 33(6) and instructed the Tribunal to approach the matter with a fresh perspective, considering the specific circumstances of the case and the provisions of the Act. The Court declined to answer the legal question directly and left it to the Tribunal to make a decision in accordance with the law. Case-Laws Income Tax Mon, 12 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37009