https://www.taxtmi.com/caselaws?id=118027 The Tribunal allowed the appeal, determining that the software expenditure should be treated as revenue expenditure and the repair and maintenance expenditure as revenue in nature. Consequently, the Tribunal deleted the additions made by the AO and sustained by the CIT(A). Additionally, the Tribunal directed the AO to recalculate the interest charged under sections 234B and 234C in accordance with the appellate order. en-us Tue, 20 Jul 2004 00:00:00 +0530 Wed, 03 Jul 2024 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118027 The Tribunal allowed the appeal, determining that the software expenditure should be treated as revenue expenditure and the repair and maintenance expenditure as revenue in nature. Consequently, the Tribunal deleted the additions made by the AO and sustained by the CIT(A). Additionally, the Tribunal directed the AO to recalculate the interest charged under sections 234B and 234C in accordance with the appellate order. Case-Laws Income Tax Tue, 20 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118027