1998 (4) TMI 7

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..... instance of the Revenue arising out of the assessment of the respondent's income for the assessment year 1978-79. The questions referred to us are : "1. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in holding that the assessee is entitled to depreciation on assets transferred to it by the Government without a registered deed of conveyance ? 2. W .....

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..... amil Nadu Small Industries Development Corporation Ltd. [1991] 190 ITR 655 and the question was answered in favour of the assessee. The same answer is required to be given to the first question referred to us. Accordingly, the first question is answered in favour of the assessee. Questions similar to the second and third questions, were considered by this court in another case involving the same .....

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