Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2013 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (8) TMI 185 - AT - Income TaxSoftware development and upgradation charges - Revenue v/s Capital expenditure - Held that:- As decided in Asahi India Safety Glass [2011 (11) TMI 2 - DELHI HIGH COURT] the treatment of a particular expense or a provision in the books of accounts can never be conclusively determinative of the nature of the expense. An assessee cannot be denied a claim for deduction which is otherwise tenable in law on the ground that the assessee had treated it differently in its books - decided in favour of assessee.
|