Capitalization of Software Expenses - It is the user rights ...

Case Laws Income Tax

May 9, 2022

Capitalization of Software Expenses - It is the user rights which has been purchased by the assessee and requires updation and modification at regular intervals. Hence, it cannot be said that the assessee has acquired any asset capital in nature by way of payment of software expenses. Hence, the addition made by the Assessing Officer is directed to be deleted. - AT

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Capitalization of Software Expenses - It is the user rights ...

Case Laws Income Tax

May 9, 2022

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