Mysore Minerals Ltd., M.G. Road, ... vs Commissioner Of Income Tax, Karnataka, ... on 1 September, 1999
25. In ITA No.1166/2011 an additional question of law has been raised
by the Revenue. The contention of the appellant-Revenue is that the
assessee is not entitled to depreciation in respect of lease hold rights in
office/ flat, and car parking space etc. as the respondent/assessee was not
the registered owner. We are not inclined to frame any question of law on
the aforesaid question as this issue has to be decided against the Revenue
and in favour of the respondent-assessee in view of the decision of the
Supreme Court in Mysore Minerals v. CIT [1999] 239 ITR 775.