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<h1>Bombay HC upholds Tribunal decision on deduction under Income Tax Act</h1> <h3>The Commissioner of Income Tax-2, Mumbai Versus Jogani Constructions Ltd.</h3> The Bombay HC dismissed the revenue's appeal for the assessment year 2006-07 on deduction under Section 36(1)(iii) of the Income Tax Act, upholding the ... - The Bombay High Court dismissed the revenue's appeal for the assessment year 2006-07 regarding deduction under Section 36(1)(iii) of the Income Tax Act, upholding the Tribunal's decision based on previous rulings. The appeal was not entertained due to similar past cases. No costs were awarded.