https://www.taxtmi.com/caselaws?id=206612 HC held that expenditure on purchase of software applications was to be treated in favour of the assessee (not disallowed as capital), following precedent. Expenditure on improvements to leasehold premises was characterized as current repairs/maintenance and allowed as revenue expenditure under section 30. The court therefore allowed the deductions claimed for software purchases and leasehold repairs. 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=206612 HC held that expenditure on purchase of software applications was to be treated in favour of the assessee (not disallowed as capital), following precedent. Expenditure on improvements to leasehold premises was characterized as current repairs/maintenance and allowed as revenue expenditure under section 30. The court therefore allowed the deductions claimed for software purchases and leasehold repairs. Case-Laws Income Tax Fri, 04 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206612