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of <h1>Revenue appeal dismissed by Bombay HC for 2006-07 depreciation, upholding cost of assets.</h1> <h3>Commissioner of Income Tax-III, Pune Versus Rajashtani & Gujarati Charitable Foundation Poona Hospital & Research Centre</h3> The Bombay HC dismissed the revenue's appeal for the assessment year 2006-07 on depreciation, upholding the cost of assets allowed as expenditure to the ... - The Bombay High Court dismissed the revenue's appeal for the assessment year 2006-07 regarding depreciation in respect of the cost of assets allowed to the assessee as expenditure, citing a previous decision. The appeal was dismissed with no order as to costs.
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