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2019 (7) TMI 644 - HC - Income TaxDisallowance of depreciation claimed at a higher rate of 60% on point of service (POS) terminals - HELD THAT:- The issue stands decided against the Revenue by the decision of this in Principal Commissioner of Income Tax-2 v. Connaught Plaza Restaurant (P) Ltd. [2016 (9) TMI 1485 - DELHI HIGH COURT] . Consequently, no question is framed in this regard. Disallowance of the expense incurred in Software development and upgradation - capital or revenue expenses - HELD THAT:- ITAT rightly upheld the order of the CIT (A) treating the expenditure as revenue in nature and allowed it as such. Consequently, the Court is not persuaded to frame any question in this regard as well.
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