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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Software expenses - capital expenditure OR revenue expenditure - ...

Income Tax

May 8, 2017

Software expenses - capital expenditure OR revenue expenditure - software having more than 2 years life - CIT(A) has held that expenditure on software for billet heater programming was of capital nature since it resulted into an enduring benefit to the assessee - additions confirmed - AT

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  7. Development of software - a revenue expenditure or capital expenditure? - only a revenue expenditure - HC

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