1995 (1) TMI 37

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....the instance of the Department, the following common question was referred 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....

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....made by the assessee. On further appeal, the Tribunal confirmed the order 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 g....