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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Software license fees - Software will help the assessee in ...


Software License Fees Enhance Efficiency, Not Capital Expenditure, Says Court.

December 10, 2012

Case Laws     Income Tax     AT

Software license fees - Software will help the assessee in increasing the efficiency but the same cannot be treated as forming part of profit making apparatus of the assessee company and, therefore, the expenditure on this software cannot be treated as capital expenditure. - AT

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