https://www.taxtmi.com/caselaws?id=152774 The Tribunal partly allowed the assessee's appeal by upholding the treatment of software development expenses as capital expenditure, rejecting the alternative claim under section 35(1)(iv), and directing the AO to verify and allow the deduction under section 80HHE if conditions were met. The addition of Rs. 2,71,773 for transferring employees was deleted. en-us Fri, 30 Jul 2010 00:00:00 +0530 Mon, 21 Aug 2023 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152774 The Tribunal partly allowed the assessee's appeal by upholding the treatment of software development expenses as capital expenditure, rejecting the alternative claim under section 35(1)(iv), and directing the AO to verify and allow the deduction under section 80HHE if conditions were met. The addition of Rs. 2,71,773 for transferring employees was deleted. Case-Laws Income Tax Fri, 30 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152774