https://www.taxtmi.com/caselaws?id=253061 The Tribunal partly allowed the Assessee's appeal for assessment year 2007-08, directing the AO to treat certain software expenses as revenue expenditure. It upheld the CIT(A)'s disallowance under section 14A for assessment year 2007-08 at Rs. 86,805. For assessment year 2008-09, the Tribunal modified the CIT(A)'s disallowance under section 14A to Rs. 3,50,000. The Assessee's appeal for assessment year 2008-09 was dismissed, and the Revenue's appeal was partly allowed. en-us Fri, 17 Oct 2014 00:00:00 +0530 Thu, 13 Nov 2014 09:52:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253061 The Tribunal partly allowed the Assessee's appeal for assessment year 2007-08, directing the AO to treat certain software expenses as revenue expenditure. It upheld the CIT(A)'s disallowance under section 14A for assessment year 2007-08 at Rs. 86,805. For assessment year 2008-09, the Tribunal modified the CIT(A)'s disallowance under section 14A to Rs. 3,50,000. The Assessee's appeal for assessment year 2008-09 was dismissed, and the Revenue's appeal was partly allowed. Case-Laws Income Tax Fri, 17 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253061