1996 (4) TMI 115

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..... 961 (hereinafter referred to as " the Act "), for issuing a direction to the Income-tax Appellate Tribunal, Chandigarh Bench, Chandigarh (here inafter referred to as " the Tribunal "), to refer the following question of law for the opinion of this court : " Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in upholding the decision of the Commissi .....

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..... 1, 1982, to June 30, 1983, i.e., for a period of seven months. The Assessing Officer imposed a condition that the depreciation allowance for the year 1984-85 will be restricted to 7/12ths of the admissible amount of depreciation. The assessee did not challenge the order dated December 30, 1982, in any other proceedings. During the course of assessment proceedings for the assessment year 1984-85, .....

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..... (Guj) and J. K. Synthetics Ltd.'s case [1976] 105 ITR 864 (All), given by the Gujarat and Allahabad High Courts, respectively, and that of the Supreme Court judgment in CIT v. V. MR. P. Firm [1965] 56 ITR 67. So far as the judgment of the Supreme Court in V. MR. P. Firm's case [1965] 56 ITR 67 is concerned, the same is not directly on the point in issue. The other two judgments are of the Gujarat .....

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