2011 (7) TMI 96

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....p; JUDGMENT   CHITRA VENKATARAMAN, J.   Though the Revenue had raised two questions of law before this Court in the appeal preferred in respect of the block assessment years covering the period from 1986 to 1987 to 1996-1997 and upto 23.2.1996, yet this Court had admitted only the second question of law, which reads as follows:   "Whether in the facts and circumstances o....

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....is Court to consider. A reading of the order of the Tribunal shows that the assessee's place of business was searched, on 23.2.1996. In the block assessment proceedings, the Assessing Officer assessed the income for the block period 1986-1987 to 1996-1997, upto 23.2.1996, at 60% plus 15% surcharge. The assessee claimed 100% depreciation of the windmill purchased and commissioned, which was further....