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Income Tax - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

The payments were made for the purpose of improvement of the ...

Case Laws     Income Tax

July 6, 2017

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 oracle application. Any expenditure incurred for the purpose of improvement of software or purchase of software that expenditure should be treated as revenue expenditure

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