https://www.taxtmi.com/caselaws?id=248412 The tribunal upheld the reopening of assessment under section 147, allowing software expenditure as revenue expenditure in the year incurred, directing approval for weighted deductions, and including deemed export sales in turnover for deduction under section 80HHC. The tribunal directed verification of approvals for weighted deductions under section 35(1)(ii) and allowed the bad debts claim based on sufficient evidence, partly allowing both parties' appeals for further examination by the Assessing Officer. en-us Wed, 13 Nov 2013 00:00:00 +0530 Thu, 12 Jun 2014 08:31:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248412 The tribunal upheld the reopening of assessment under section 147, allowing software expenditure as revenue expenditure in the year incurred, directing approval for weighted deductions, and including deemed export sales in turnover for deduction under section 80HHC. The tribunal directed verification of approvals for weighted deductions under section 35(1)(ii) and allowed the bad debts claim based on sufficient evidence, partly allowing both parties' appeals for further examination by the Assessing Officer. Case-Laws Income Tax Wed, 13 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248412