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<h1>Supreme Court reverses High Court judgment, rules in favor of Revenue in appeal.</h1> The Supreme Court allowed the appeal in favor of the Revenue, setting aside the High Court judgment and dismissing the writ petition. The reference in ... Depreciation, Scientific Research Expenditure The Supreme Court allowed the appeal in favor of the Revenue, setting aside the High Court judgment and dismissing the writ petition. The reference in favor of the assessee was found to be erroneous and was answered in favor of the Revenue. No costs were awarded.