https://www.taxtmi.com/caselaws?id=19698 Earlier binding precedent on the same assessee governed both referred questions. For depreciation, transfer of buildings, plant and machinery by the Government was accepted without insisting on registration of the conveyance deed, and the issue was decided for the assessee. For the Service Corporation, Guindy, letting receipts were treated as income from property, with allowance of one-sixth of the annual letting value towards repairs on the facts, even though the assessee was not the building owner. Both questions were therefore answered consistently with the prior decision in favour of the assessee. en-us Fri, 29 Apr 1994 00:00:00 +0530 Mon, 09 Nov 2009 10:44:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19698 Earlier binding precedent on the same assessee governed both referred questions. For depreciation, transfer of buildings, plant and machinery by the Government was accepted without insisting on registration of the conveyance deed, and the issue was decided for the assessee. For the Service Corporation, Guindy, letting receipts were treated as income from property, with allowance of one-sixth of the annual letting value towards repairs on the facts, even though the assessee was not the building owner. Both questions were therefore answered consistently with the prior decision in favour of the assessee. Case-Laws Income Tax Fri, 29 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19698