2001 (7) TMI 60

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....the instance of the Revenue, the following question has been referred for the opinion of this court by the Income-tax Appellate Tribunal, Delhi Bench "E" (in short, "the Tribunal"), under section 256(1) of the Income-tax Act, 1961 (in short, "the Act"): 'Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in holding that the assessee was entit....

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....evelopment rebate was not proper. The matter was carried in appeal before the Tribunal. It was observed by the Tribunal that the withdrawal was not proper and, therefore, the Commissioner of Income-tax (Appeals) order was not to be interfered with. On being moved for reference, the question as set out above has been referred for the opinion of this court. We have heard learned counsel for the R....