2024 (5) TMI 712

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... are platform - revenue or capital expenditure - ITAT held such expenditure claimed as Revenue expenditure - As decided by HC [ 2024 (5) TMI 659 - KARNATAKA HIGH COURT] Assessee has incurred expenditure in these two years to develop a software but due to change in technology, it had to abandoned the product, it had lost money spent on this product. The product having been abandoned, the Assessee sh .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X