https://www.taxtmi.com/caselaws?id=256637 The Court ruled in favor of the assessee on various issues including disallowance of variable license fee, treatment of upfront fee as capital expenditure, treatment of expenses on basic telephone projects as revenue expenditure, claim of software expenses, disallowance of interest paid, and disallowance on account of delayed payment. The Court remitted one issue for further clarification to the AO. The decisions were based on established legal principles, precedents, and factual findings, ultimately disposing of the appeals in favor of the assessee. en-us Tue, 03 Feb 2015 00:00:00 +0530 Tue, 17 Feb 2015 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256637 The Court ruled in favor of the assessee on various issues including disallowance of variable license fee, treatment of upfront fee as capital expenditure, treatment of expenses on basic telephone projects as revenue expenditure, claim of software expenses, disallowance of interest paid, and disallowance on account of delayed payment. The Court remitted one issue for further clarification to the AO. The decisions were based on established legal principles, precedents, and factual findings, ultimately disposing of the appeals in favor of the assessee. Case-Laws Income Tax Tue, 03 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256637