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2007 (7) TMI 185 - HC - Income Tax
Expenditure incurred by the Assessee on software, MS Office – this software is not a custom built software for the Assessee and it is common knowledge that this software requires regular upgradation - Tribunal was of the view that due to technological changes and the need to upgrade the software on a regular basis it cannot be said that the software was of an enduring nature - no error committed by the Tribunal in taking the view that expenditure incurred are not capital expenditure