Nature of expenses - Disallowance of software expenditure by ...

Software Expenditure for Development Services Allowed as Operational Expense, Not Capital Investment.

November 22, 2022

Case Laws Income Tax AT

Nature of expenses - Disallowance of software expenditure by treating it as capital in nature - The assessee renders software development services and therefore the use of these software was in its operations and not in the capital field and in that view of the matter, we are of the view that the expenditure in question deserves to be allowed in full. - AT

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Nature of expenses - Disallowance of software expenditure by ...

Software Expenditure for Development Services Allowed as Operational Expense, Not Capital Investment.

November 22, 2022

Case Laws Income Tax AT

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