https://www.taxtmi.com/caselaws?id=219853 The Tribunal vacated the CIT(A)'s findings and remanded the case for re-examination. The CIT(A) was directed to obtain the license agreement, assess the economic and functional role of the HIPACK software, and determine if the expenditure was capital or revenue based on the tests from the Amway India Enterprises decision. The Revenue's appeal and the cross-objection were allowed for statistical purposes. en-us Fri, 09 Nov 2012 00:00:00 +0530 Tue, 02 Jul 2013 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219853 The Tribunal vacated the CIT(A)'s findings and remanded the case for re-examination. The CIT(A) was directed to obtain the license agreement, assess the economic and functional role of the HIPACK software, and determine if the expenditure was capital or revenue based on the tests from the Amway India Enterprises decision. The Revenue's appeal and the cross-objection were allowed for statistical purposes. Case-Laws Income Tax Fri, 09 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219853