https://www.taxtmi.com/caselaws?id=151495 Domain booking charges, web hosting charges and web development charges were treated as revenue expenditure, while software development charges were treated as capital expenditure. In relation to tele-connection costs, handset expenditure was allowed as revenue expenditure because the handsets were issued in the same accounting year and the administrative circular on the telephone scheme supported deduction in the year of payment. Talk time charges were also held to be revenue in nature because they did not result in acquisition of a capital asset. The assessee therefore succeeded on the revenue treatment of domain, hosting, web development, handset and talk time charges, but the capital treatment of software development charges was sustained. en-us Tue, 19 May 2009 00:00:00 +0530 Wed, 17 Jan 2018 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151495 Domain booking charges, web hosting charges and web development charges were treated as revenue expenditure, while software development charges were treated as capital expenditure. In relation to tele-connection costs, handset expenditure was allowed as revenue expenditure because the handsets were issued in the same accounting year and the administrative circular on the telephone scheme supported deduction in the year of payment. Talk time charges were also held to be revenue in nature because they did not result in acquisition of a capital asset. The assessee therefore succeeded on the revenue treatment of domain, hosting, web development, handset and talk time charges, but the capital treatment of software development charges was sustained. Case-Laws Income Tax Tue, 19 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151495