https://www.taxtmi.com/caselaws?id=206589 HC held that software and related professional expenses were revenue, not capital, for tax purposes. The court found that the need for updates, statutory or professional changes, or occasional corruption does not convert such recurring software costs into capital expenditure; multiple factors and subsequent-year expenditures cannot conclusively determine nature. The assessing officer erred in treating the costs as capital merely because of book treatment. The deduction claimed by the assessee was allowed. en-us Fri, 04 Nov 2011 00:00:00 +0530 Fri, 19 Sep 2025 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206589 HC held that software and related professional expenses were revenue, not capital, for tax purposes. The court found that the need for updates, statutory or professional changes, or occasional corruption does not convert such recurring software costs into capital expenditure; multiple factors and subsequent-year expenditures cannot conclusively determine nature. The assessing officer erred in treating the costs as capital merely because of book treatment. The deduction claimed by the assessee was allowed. Case-Laws Income Tax Fri, 04 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206589