Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (5) TMI 338 - AT - Income TaxCapital expenditure or revenue expenditure - amount spent on application software - matter remitted back to AO for fresh consideration. Addition on account of excess claim of expenditure - held that:- if the addition has been made for the same amount during the year under consideration which was earlier made on account of excess provision of sales bonus made in the earlier year, then it can safely be said that the same amount for the same incentive has been added for the year under consideration, which is against the provisions of law because the same income cannot be taxed twice. - Matter remitted for proper verification and decision.
|