https://www.taxtmi.com/caselaws?id=239100 The Tribunal ruled in favor of the assessee, canceling the invalid reassessment proceedings for the assessment years 2003-04 to 2006-07. Additionally, the disallowance of deduction under Section 80IB(8A) was overturned for the assessment years 2007-08 and 2008-09, as the prescribed authority had approved the fulfillment of conditions. The issue of software expenses being treated as capital expenditure was sent back to the Assessing Officer for review, and the disallowance under Section 14A for the assessment year 2008-09 was dismissed due to the immaterial amount involved. en-us Fri, 27 Sep 2013 00:00:00 +0530 Wed, 06 Nov 2013 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239100 The Tribunal ruled in favor of the assessee, canceling the invalid reassessment proceedings for the assessment years 2003-04 to 2006-07. Additionally, the disallowance of deduction under Section 80IB(8A) was overturned for the assessment years 2007-08 and 2008-09, as the prescribed authority had approved the fulfillment of conditions. The issue of software expenses being treated as capital expenditure was sent back to the Assessing Officer for review, and the disallowance under Section 14A for the assessment year 2008-09 was dismissed due to the immaterial amount involved. Case-Laws Income Tax Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239100