1995 (1) TMI 37

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..... ferred to us for our opinion for the assessment years 1974-75 and 1977-78 under section 256(1) of the Income-tax Act, 1961: "Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was justified in holding that the registration of conveyance deed transferring certain buildings by the Government to the assessee is not required and that depreciation on such building shou .....

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..... der passed by the Commissioner of Income-tax. A similar question came up for consideration before this court as against the order passed in I.T.A. No. 1692 Madras of 1976-77 in the case of CIT v. Tamil Nadu Small Industries Development Corporation Ltd. [1991 ]190 ITR 655 wherein this court held that in the case of a Government grant no registration is necessary. In view of the above said decision .....

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