https://www.taxtmi.com/caselaws?id=235890 The Appellate Tribunal allowed the Assessee's appeal regarding the disallowance of software development charges, following a precedent set in a similar case for a different assessment year. The Tribunal held that the software development charges did not create fixed capital for the Assessee, thus overturning the decision of the lower authorities and allowing the appeal. en-us Fri, 17 May 2013 00:00:00 +0530 Thu, 08 Aug 2013 10:08:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235890 The Appellate Tribunal allowed the Assessee's appeal regarding the disallowance of software development charges, following a precedent set in a similar case for a different assessment year. The Tribunal held that the software development charges did not create fixed capital for the Assessee, thus overturning the decision of the lower authorities and allowing the appeal. Case-Laws Income Tax Fri, 17 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235890