1996 (5) TMI 67

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..... id not err in facts as well as in law in allowing depreciation on the temple constructed inside the factory building ? " The assessee, a public limited company, for the assessment year 1985-86 claimed depreciation of Rs. 1,14,997 in respect of a temple constructed within the factory premises. The Assessing Officer disallowed the same on the ground that it was a non-factory building and the temp .....

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..... appearing on behalf of the assessee. It is submitted by learned counsel for the parties that the case is covered by the decision of this court in CIT v. Associated Flour Mills Pvt. Ltd, [1996] 221 ITR 123. We have gone through the judgment. In our opinion, the question referred is squarely covered by the said decision. Accordingly, we answer the question in the affirmative, in favour of the a .....

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