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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Nature of software expenses - these are towards payment for ...


Software Renewal Costs for Client Deliverables are Revenue Expenses, Allowable u/s 37 of Income Tax Act.

January 23, 2015

Case Laws     Income Tax     AT

Nature of software expenses - these are towards payment for renewal of software which the assessee was using for client deliverables - software expenses are revenue in nature and allowable u/s 37 - AT

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