https://www.taxtmi.com/caselaws?id=260216 The High Court upheld the Tribunal's decision to classify software expenses as revenue expenditure rather than capital expenditure. The Court noted that the issue had been previously addressed by the Tribunal, and no new distinctions were raised by the department. The Court dismissed the appeal, stating it did not present any substantial question of law. Additionally, the Court dismissed the appeal concerning disallowance under section 14A of the Act, warning against repeatedly raising settled questions and imposing costs on officers filing such appeals personally. en-us Wed, 22 Apr 2015 00:00:00 +0530 Fri, 05 Jun 2015 13:25:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260216 The High Court upheld the Tribunal's decision to classify software expenses as revenue expenditure rather than capital expenditure. The Court noted that the issue had been previously addressed by the Tribunal, and no new distinctions were raised by the department. The Court dismissed the appeal, stating it did not present any substantial question of law. Additionally, the Court dismissed the appeal concerning disallowance under section 14A of the Act, warning against repeatedly raising settled questions and imposing costs on officers filing such appeals personally. Case-Laws Income Tax Wed, 22 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260216