Expenditure on IT systems qualifies for exemption u/s 10(23C)(vi) of the Income Tax Act.

Expenditure on IT systems qualifies for exemption u/s 10(23C)(vi) of the Income Tax Act. https://www.taxtmi.com/highlights?id=18705 Exemption u/s 10(23C)(vi) - Any expenditure incurred by an assessee for computerisation and developing an IT enabled system for carrying on its activities would be application of its resources wholly and exclusively for its purposes - HC en-us Wed, 28 May 2014 11:52:43 +0530 Wed, 28 May 2014 11:52:43 +0530 TaxTMI RSS Generator Expenditure on IT systems qualifies for exemption u/s 10(23C)(vi) of the Income Tax Act. https://www.taxtmi.com/highlights?id=18705 Exemption u/s 10(23C)(vi) - Any expenditure incurred by an assessee for computerisation and developing an IT enabled system for carrying on its activities would be application of its resources wholly and exclusively for its purposes - HC Highlights Income Tax Wed, 28 May 2014 11:52:43 +0530 https://www.taxtmi.com/highlights?id=18705