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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Software expenses - revenue v/s capital - expenditure incurred ...

Case Laws     Income Tax

March 20, 2013

Software expenses - revenue v/s capital - expenditure incurred are not capital expenditure as due to technological changes and the need to upgrade the software on a regular basis it cannot be said that the software was of an enduring nature - HC

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