2000 (11) TMI 102

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....---The first question referred to us concerning the respondent-assessee for the assessment years 1979-80 and 1980-81 is as to whether the Tribunal was right in holding that no registered document is necessary for conveying the property in favour of the assessee by the Government and that the assessee is entitled to depreciation on the buildings. A similar question was considered by this court in r....

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....he assessee and against the Revenue. The second question as to whether the Tribunal was right in holding that the contribution to the insurance fund amounting to Rs. 70,600 is an admissible deduction while computing the income of the assessee is to be answered in favour of the Revenue and against the assessee in the light of the decision of this court in the case of CIT v. Pallavan Transport Co....