Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Purchase of Software application - MS Office Software, Anti ...


Court Classifies Software Purchases as Revenue Expenditure: MS Office, Anti-Virus, Lotus Notes, and More.

November 9, 2011

Case Laws     Income Tax     HC

Purchase of Software application - MS Office Software, Anti Virus software, Lotus Notes Software and Message Exchange applications. - Held as revenue expenditure.... - HC

View Source

 


 

You may also like:

  1. Expenditure on obtaining license for use of accounting software - revenue or capital expenditure - the assessee has not purchased the software but has purchased the...

  2. Levy of service tax - taxable service or not - information technology software - appellant developed anti virus software - The definition of 'information technology...

  3. Revenue expenditure versus capital expenditure - expenditure incurred on ERP Software – allowed as revenue expenditure - AT

  4. Classification of services - Anti Virus Software - The petitioner has failed to substantiate that an ‘Anti Virus Software’ will not fall within the ambit of the...

  5. Software expenditure having enduring benefit of not more than a year is revenue expenditure

  6. Software expenses - revenue or capital expenditure - real intent and purpose - expenditure incurred by the assessee on software is allowable as revenue expenditure. - AT

  7. Software development expenditure which was application software was revenue in nature - deduction allowed u/s 37.

  8. Nature of purchase of software - software purchased by assessee for ultimate export either as embedded software or as part of project undertaken by it cannot be...

  9. Media cost for import of software - Capital expenditure or revenue - Software used for duplication and licensing - expenses allowed as revenue expenditure - HC

  10. Software consumable expenses – The expenditure was incurred for application software and not for system software – The software was not of enduring nature and would...

  11. The payments were made for the purpose of improvement of the software consequent upon merger of other companies, which was necessitated to generate some reports in...

  12. Software expenses - revenue v/s capital expenditure - software may be needed like raw material - computer software expenses were revenue in nature - HC

  13. Nature of expenses - purchasing software licenses - revenue or capital expenditure - Fine tuning business operations to enable the management to run its business...

  14. Revenue or capital expenditure – software development expenditure – Assessee had treated the expenditure as a deferred revenue expenditure in the books of account and...

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

 

Quick Updates:Latest Updates