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Disallowance of software expenses - revenue or capital expenditure - payment was made for maintenance/hosting services not resulted in any enduring benefit and there was no acquisition of right in software as spelt out in Software Maintenance & Support Agreement - same services has been availed by the assessee in future years on annual basis and was not a one-time payment - revenue expenditure

Income Tax
10-6-2019

Disallowance of software expenses - revenue or capital expenditure - payment was made for maintenance/hosting services not resulted in any enduring benefit and there was no acquisition of right in software as spelt out in Software Maintenance & Support Agreement - same services has been availed by the assessee in future years on annual basis and was not a one-time payment - revenue expenditure

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