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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Expenses incurred on up-gradation of software do not result into ...

Case Laws     Income Tax

November 24, 2016

Expenses incurred on up-gradation of software do not result into acquisition of any asset nor acquisition of enduring benefits as software become obsolete very quickly - allowed as revenue expenditure - AT

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