https://www.taxtmi.com/caselaws?id=217497 The ITAT Pune allowed all three issues raised by the assessee, directing the AO to delete the disallowances and treat the expenses as revenue in nature where applicable. The disallowance of Foreign Travelling expenses was overturned based on the fringe benefit tax treatment, the treatment of Computer software expenses as capital expenditure was reversed in favor of revenue expenditure classification, and the disallowance of rent paid for quarry land lease was set aside due to the timing of payment and TDS provisions. en-us Tue, 17 Jul 2012 00:00:00 +0530 Sat, 05 Jan 2013 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217497 The ITAT Pune allowed all three issues raised by the assessee, directing the AO to delete the disallowances and treat the expenses as revenue in nature where applicable. The disallowance of Foreign Travelling expenses was overturned based on the fringe benefit tax treatment, the treatment of Computer software expenses as capital expenditure was reversed in favor of revenue expenditure classification, and the disallowance of rent paid for quarry land lease was set aside due to the timing of payment and TDS provisions. Case-Laws Income Tax Tue, 17 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217497