https://www.taxtmi.com/caselaws?id=71290 The Tribunal partially allowed the appeal, directing a fresh adjudication on the valuation of closing stock. It upheld the treatment of license fees for SAP R/3 software as capital expenditure, eligible for depreciation. The Tribunal allowed the inclusion of EMD gross receipts and interest on overdue accounts in the business profits under section 80HHC. en-us Fri, 29 Dec 2006 00:00:00 +0530 Tue, 27 Feb 2024 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71290 The Tribunal partially allowed the appeal, directing a fresh adjudication on the valuation of closing stock. It upheld the treatment of license fees for SAP R/3 software as capital expenditure, eligible for depreciation. The Tribunal allowed the inclusion of EMD gross receipts and interest on overdue accounts in the business profits under section 80HHC. Case-Laws Income Tax Fri, 29 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71290