1987 (11) TMI 11

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....ted:- 4-11-1987<br>- - -<br>Income Tax<br>Judge(s)&nbsp; : M. N. CHANDURKAR., SRINIVASAN&nbsp; JUDGMENT The assessee filed a petition under section 256(2) of the Income-tax Act, 1961, for direct....

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....itled to deduct the depreciation in respect of farm assets used by the assessee in its business ?" In the assessee's own case, a similar case relating to an earlier year was decided against the ass....