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2018 (4) TMI 82 - AT - Income TaxTPA - comparable selection criteria - Held that:- Assessee is engaged in the business of rendering software development and ITES and IT services, thus companies functionally dissimlar with that of assessee need to be deselected from final list. Disallowance of depreciation under software on the ground that the TDS was not deducted at source - Held that:- The assessee lower authorities was not correct in not allowing the depreciation on the software and therefore we direct the AO to allow the depreciation on the software. See M/s. Vogue Vestures Pvt. Ltd. Vs. DCIT [2018 (4) TMI 29 - ITAT BANGALORE]. - Decided in favour of assessee.
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