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TMI Blog2016 (3) TMI 1320X X X X Extracts X X X X X X X X Extracts X X X X ..... Piyush Kumar, Advocates. O R D E R CM No.7762/2016 in ITA 178/2016 1. Allowed, subject to all just exceptions. 2. The application stands disposed of. CM No.7761/2016 in ITA 178/2016 CM No.9224/2016 in ITA 188/2016 3. For the reasons stated in the applications, the delay in filing the appeals is condoned. 4. The applications are disposed of. ITA 178/2016 ITA 188/2016 5. These are ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which has been accepted by the CIT(A) as well as the ITAT, that the aforementioned expenditure did not result in a capital asset of an enduring nature. Both the CIT (A) and the ITAT accepted that the expenditure was incurred only to update the website to keep pace with the development in technology, therefore, is not of a permanent character. There are no details unearthed by the AO to support the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of an enduring nature has been accepted both by the CIT(A) as well as the ITAT. The Court is not, therefore, persuaded to interfere with that fact. 10. The third issue pertains to the incurring of an expense towards a one-time payment for online membership subscription. Considering that the Court has already rejected the plea of the Revenue to frame a question in the aforementioned two issues, t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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