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![Tenant is Eligible for Depreciation in respect of Expenditure incurred on Leased Premise: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Leasing.jpg "Tenant is Eligible for Depreciation in respect of Expenditure incurred on Leased Premise: Bombay HC [Read Order]")
Tenant is Eligible for Depreciation in respect of Expenditure incurred on Leased Premise: Bombay HC [Read Order]
A division bench of the Bombay High Court in CIT v. M/s.Urban Infrastructure Venture Capital Ltd has allowed a tenants’ claim for depreciation towards...