Since the expenditure was incurred for purchase of Windows XP ...

Case Laws Income Tax

June 17, 2016

Since the expenditure was incurred for purchase of Windows XP Professional, an application software for its office use and becomes obsolete very fast, it cannot be treated as capital asset and therefore the same is to be treated and allowed as revenue expenditure - AT

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Since the expenditure was incurred for purchase of Windows XP ...

Case Laws Income Tax

June 17, 2016

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