https://www.taxtmi.com/caselaws?id=251019 Share-issue stamp duty is treated as eligible for amortisation under section 35D where connected with a public issue. Due diligence undertaken before an acquisition and patent filing costs for protecting existing rights are treated as revenue expenditure under section 37(1) when incurred in the ordinary course of business without creating an asset. Software and content development activities may qualify as production for the workmen-based deduction, while content conversion and mobile value-added services may qualify as notified information technology enabled services for export-linked relief where foreign-exchange and other conditions are met. Media resource boards functioning integrally with servers are treated as computer components eligible for computer depreciation. en-us Fri, 21 Feb 2014 00:00:00 +0530 Sat, 21 Mar 2015 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251019 Share-issue stamp duty is treated as eligible for amortisation under section 35D where connected with a public issue. Due diligence undertaken before an acquisition and patent filing costs for protecting existing rights are treated as revenue expenditure under section 37(1) when incurred in the ordinary course of business without creating an asset. Software and content development activities may qualify as production for the workmen-based deduction, while content conversion and mobile value-added services may qualify as notified information technology enabled services for export-linked relief where foreign-exchange and other conditions are met. Media resource boards functioning integrally with servers are treated as computer components eligible for computer depreciation. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251019